In a recent SEC filing, Allianz Life Variable Account B disclosed Form 497, a document that provides essential information about the company’s variable annuity contracts. This filing is significant as it offers transparency to investors and regulators regarding the company’s financial activities and the performance of its variable account. Form 497 includes details on the fees, charges, and risks associated with the variable annuity contracts, helping investors make informed decisions.
Allianz Life Variable Account B is a subsidiary of Allianz Life Insurance Company of North America, a leading provider of retirement solutions, including fixed and variable annuities. The company aims to help individuals achieve their long-term financial goals through a range of investment options within its variable annuity contracts. Allianz Life Variable Account B’s offerings cater to individuals looking to grow their retirement savings through market-based investments while providing options for guaranteed income in retirement.
Form 497 is a regulatory filing required by the Securities and Exchange Commission (SEC) for variable annuity contracts. This form provides a summary of key information for investors, such as the investment options available, fees and charges associated with the contracts, and the risks involved. By disclosing this information in Form 497, Allianz Life Variable Account B demonstrates its commitment to transparency and regulatory compliance, ensuring that investors have access to the necessary information to make informed decisions about their investments.
https://www.sec.gov/Archives/edgar/data/836346/000083634624000083/0000836346-24-000083.txt
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