NEW YORK – April 4, 2018 — Global Atlantic Financial Group has released “Downturn Defense,” a series of educational resources to help financial professionals address client concerns in a challenging market environment. Materials were developed to equip advisors with on and offline educational materials to prepare professionals for client conversations about market volatility and how it can affect retirement income.
”Downturn Defense” supports financial professionals who are receiving a heightened volume of inquiries about the return of market turbulence and the need for a strategy to help protect retirement income from market volatility. The content includes a national investor study, videos, client guide and interactive resources to help financial advisors start a conversation with clients and help them prepare for various market conditions. A recent study conducted by Global Atlantic and global market analytics firm Ebiquity found that three out of four (74%) U.S. investors are concerned about a stock market correction. Even with these elevated concerns, seven out of 10 survey participants said that they were in investment vehicles that are subject to market volatility.
During the longstanding bull market environment, financial professional's conversations with clients are often focused on market participation and growth,” said Paula Nelson, President, Retirement, Global Atlantic Financial Group. “As the market cycle changes and volatility appears, investors can become anxious about their retirement investments. There tends to be questions around strategies that help to prevent loss or provide a steady, predictable income. Investors seek advice from their financial professionals on the options that can help meet these goals. We developed these educational resources to provide guidance on how downturn defense strategies can be used by professionals with their clients in any market.”
About Global Atlantic
Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.
Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in 2013. Its success is driven by a unique heritage that combines deep product and distribution knowledge with insightful investment and risk management capabilities, alongside a strong financial foundation of over $60 billion in assets.
There are a multitude of different products that may be accessed for retirement income needs. For example, stocks, bonds, ETFs, mutual funds, and variable annuities are securities and have different risk/reward characteristics, liquidity properties and tax consequences, particularly when compared to interest bearing products such as CDs, savings accounts, money market accounts, fixed annuities and fixed index annuities. Certificate of Deposits (CDs) are bank products that are FDIC insured. Money Market funds are securities and are not FDIC insured and although these funds seek to preserve the value of an investment at $1.00 per share, there is no guarantee they will maintain this value. Fixed Index annuities are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations.