Annuities: new three-year FIAs targets retail, institutional channels

Great American Life is pitching two new fixed indexed annuity (FIA) products. The American Landmark 3, available in the retail channel, and AssuranceSelect 3 Plus, available in the financial institutions channel, are designed for retirement investors seeking market exposure via protected annuities which also offer the flexibility to access their funds penalty-free after just three years. These new products offer indexed strategies linked to indexes and exchange-traded funds including