AKRON, Ohio, May 14, 2021 /PRNewswire/ — Valmark Financial Group today announced the launch of its TOPS® ETF Portfolios as investment options within the variable life insurance solutions offered by John Hancock. The addition of John Hancock further solidifies TOPS® as the leading independent provider of ETF Portfolios within the life insurance and annuity market. Since its founding, Valmark has been at the intersection of the life insurance and investment world, and now, with almost 20 years of experience, TOPS® is one of the longest running managers of ETF portfolios in the U.S.
“Variable products are a leading solution, especially in this low interest rate environment, because they align the long-term interests of insurance companies with those of policyholders,” said Larry J. Rybka, Chairman and CEO at Valmark Financial Group. “This new move by John Hancock will make their products even more attractive to Valmark Member Firms who are advocates for their clients’ best interests.”
Variable life insurance policies and variable annuities typically offer a wide range of underlying investment choices. Managed ETF portfolios provided by TOPS® are often offered alongside traditional, actively managed funds from other leading money managers.
“We recognize that traditional, actively managed funds and the S&P 500 index funds have historically been the most popular investment within Variable Universal Life and Variable Annuity products,” said Michael McClary,…