Hartford, CT, July 7, 2020 – Nassau Financial Group (“Nassau”) launched Simple Annuity, its inaugural iOS mobile application, to support the sales of its fixed rate annuities. The Simple Annuity app marks a key step in Nassau’s efforts to redesign the sales and consumer experience for annuities, empowering agents with digital tools to support sales and help consumers take charge of their retirement savings strategy in a direct, tech-forward way. The tool offers quick access to rates as high as 2.75%* for a 6-year term.
Hartford, CT, July 1, 2020 — Nassau Financial Group, L.P. (“Nassau”) today announced that it has completed the acquisition of Foresters Life Insurance and Annuity Company (“FLIAC”) from The Independent Order of Foresters.
Nassau is headquartered in Hartford, CT, and offers a suite of insurance and fixed annuity products, along with reinsurance, insurance distribution and asset management capabilities across its four segments. After this transaction, Nassau has combined assets of approximately $27 billion and capital of approximately $1.2 billion.
Darien, CT, May 15, 2020 — Nassau Corporate Credit is pleased to announce that it has been named as a finalist in two separate categories for this year’s Creditflux Manager Awards, “Best US CLO Manager” and “Best New US CLO” for Nassau 2019-II. Creditflux will announce the awards via a virtual event on July 15, 2020.
The “Best US CLO Manager” is awarded by Creditflux (a London-based publisher of information about credit funds and CLOs) to a US CLO manager with five or more active CLOs.
Darien, CT, May 11, 2020 — Nassau Private Credit is pleased to announce that it has hired Vincent Chan, CFA. Vincent will serve as Portfolio Manager and will focus on investments in investment grade and non-investment grade CLO securities.
Vincent has 16 years of CLO and structured credit investment experience. He was most recently the Portfolio Manager for structured product investments and Managing Director at Assurant Investment Management, where he also was responsible for structuring in Assurant’s CLO management platform.
East Greenbush, NY, April 27, 2020 — Nassau has been awarded a Top Workplaces honor by The Times Union in Albany, NY.
The Times Union list is based solely on employee feedback gathered through a third-party survey administered by Energage, LLC. Employees in Nassau’s East Greenbush, NY office participated in the survey, which measures 15 drivers of engaged cultures that are critical to the success of any organization: including alignment, execution and connection.