FWD Life Insurance Announces Reduction in Certain Fees for 'FWD Yen-Denominated Single Premium Variable Annuity'
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Frequently Asked Questions
- Q: What specific fees is FWD Life Insurance reducing for its variable annuity product?
- A: FWD Life Insurance is reducing the 'fees related to the calculation, publication, and other operations of the reference index for index-linked bonds'.
- Q: What is the name of the variable annuity product affected by this fee reduction?
- A: The variable annuity product affected is the 'FWD Yen-Denominated Single Premium Variable Annuity'.
- Q: When will this reduction in fees take effect?
- A: This reduction in fees will take effect on April 1, 2026 (Wednesday).
- Q: Who will benefit from this fee reduction?
- A: This fee reduction will apply to both new and existing policyholders of the FWD Yen-Denominated Single Premium Variable Annuity.
- Q: How are these fees indirectly borne by the customer?
- A: These fees are reflected in the unit price of the special account, which is the primary investment target for the annuity, and are therefore indirectly borne by the customer.