By “index account” it sounds like they are referring to some form of life insurance or annuity product that has returns that are loosely linked to an index. If that is what they are talking about, PFC is very against that. These types of products have high fees, don’t give you the dividends, are very complicated, and significantly lag the performance of index funds.
If you haven’t already, check out this PFC blog post!
I hope this helps! Let us know if there are any other questions!