Global Atlantic’s First Structured Annuity Has a Moving Floor
July 26, 2022 by Cyril Tuohy
Global Atlantic Financial Group has jumped into the market for structured annuities with a product that has a dynamic, moving “floor” to protect against losses.
“I can’t think of anyone that currently does the same as this,” said Peter Lamond, variable annuity product director for Wink, a market research company.
Wink’s Note: Transamerica does have a “Best Entry” option, which does provide some opportunities to lock in a lower starting index rate. -pjl Click HERE to view via Wink’s AnnuitySpecs