ForeStructured Growth II innovates RILA market with growth and exclusive yield opportunities, provides an element of built-in loss protection
NEW YORK, NY – January 13, 2025 – Global Atlantic Financial Group (Global Atlantic), a leading insurance provider meeting the retirement and life insurance needs of individuals and institutions, today announced the launch of ForeStructured Growth II, an innovative registered index-linked annuity (“RILA”) designed to help balance growth potential with an element of downside protection.
This next-generation RILA solution offers more than 50 index-linked strategies providing a variety of buffer and floor protection features along with the opportunity to grow assets with the index crediting strategy1. Some of these strategies include unique Dual Directional features that can generate positive crediting at the end of the Strategy Term, even in some negative markets. The product addresses a critical need identified in Global Atlantic’s 2024 Retirement Outlook Survey, where nearly 70% of investors expressed interest in protection against investment loss.
“Americans are clearly concerned about the combined effects of economic uncertainty and market volatility on their retirement savings. ForeStructured Growth II evolves the RILA landscape giving new protection strategies while also introducing the potential for growth,” said David Lacusky, Head of Annuity Sales at Global Atlantic. “The combination of buffer and floor protection, along with the ability to customize allocations, allows financial professionals to fine-tune solutions for each client's growth objectives and risk tolerance.”
ForeStructured Growth II also offers two innovative crediting strategies:
• Dual Directional Trigger and Cap with Buffer Strategy
• Dual Directional Yield with Buffer Strategy 2
The Dual Directional Trigger and Cap with Buffer Strategy combines features of Dual Directional Trigger Strategies with an index cap to enhance interest crediting potential. The Dual Directional Yield with Buffer Strategy is exclusive to Global Atlantic and offers an opportunity to earn Performance Credits quarterly throughout a six-year Strategy Term. These new crediting strategies give financial professionals a powerful solution to offer their clients seeking growth potential and income.
To learn more visit: ForeStructured Growth II
1A Strategy Interim Value is applied if amounts are withdrawn or otherwise removed from an Indexed Strategy before the end of a Strategy Term, which may result in significant loss.
2 An Index Credit will also be applied at the end of the Strategy Term, but it will be either negative or equal to zero (never positive).
About Global Atlantic
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
Latest News