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Global Atlantic | 2024 Financial Professional Bonus Sales Commission

Global Atlantic | 2024 Financial Professional Bonus Sales Commission

Global Atlantic | 2024 Financial Professional Bonus Sales Commission
Comments

Introducing a new way to elevate your earning potential. Earn up to an additional 1.50% in bonus commission when you sell certain products through eApplication. This program applies to business issued beginning December 1, 2023 and runs through the end of next year, December 31, 2024.

Start earning more! Submit an eApplication through your IMO or by using Global Atlantic’s SnapApp.

Financial Professional Sales Tiers | Bonus

0 – $2,000,000

0.00%

$2,000,000 – $4,000,000

0.50%

$4,000,000 – $6,000,000

0.75%

$6,000,000 – $8,000,000

1.00%

$8,000,000 – $10,000,000

1.25%

$10,000,000 – $100,000,000

1.50%

Must include 5 or more issued contracts to be eligible for bonus

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Global Atlantic | 2024 Financial Professional Bonus Sales Commission

Global Atlantic | 2024 Incentives & FIA Enhancements

Global Atlantic | 2024 Incentives & FIA Enhancements
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Product Updates

Fixed Index Annuity Enhancements – Effective January 16, 2024

Issued by Forethought Life Insurance Company

Effective January 16, 2024, we are updating our fixed index annuity product suite with several compelling new features and options. These enhancements reflect Global Atlantic’s ongoing commitment to offering competitive products with meaningful benefits at reasonable costs.

Availability applies to new business only. Not all products, features, and materials are available at all firms or in all states.

Please note that these updates do require Financial Professionals to retake NAIC product training.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Nationwide | 10 rates effective January 1, 2024

Nationwide | 10 rates effective January 1, 2024

Nationwide | 10 rates effective January 1, 2024
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Current annuity rates from Nationwide

Nationwide Peak® 10 Rates: Effective 1/1/2024

Applications are subject to a 60 calendar-day rate-lock period.

The rate lock will provide the greater of the rates available during the 60 days based on the application signed date or issue date, as long as the contract is in good order and funded within 60 calendar days from the application date. Otherwise, the contract will receive only the current rates available at the time of issuance.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Contact a Pinnacle Financial Service representative today for assistance.

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F&G | Annuity Rate Update

F&G | Annuity Rate Update

F&G | Annuity Rate Update
Comments

We are making adjustments to some cap and participation rates on F&G’s fixed indexed annuity (FIA) products, as well as on our multi-year guaranteed annuities (MYGA). New rates will be effective on January 3, 2024.

MYGA rate adjustments

We are changing rates for the FG Guarantee-Platinum® 3, 5, and 7. New rates will be effective January 3, 2024.

FIA rate adjustments

Effective January 3, 2024, we are changing cap and participation rates on some of the interest crediting options for the following products:

  • Accelerator Plus® 10 & 14
  • FG AccumulatorPlus® 7 & 10
  • F&G Flex Accumulator®
  • F&G Power Accumulator® 7 & 10
  • Performance Pro®
  • Prosperity Elite® 7, 10 & 14

Important Reminders

Effective January 3, 2024, we are changing cap and participation rates on some of the interest crediting options for the following products:

  • For applications received before January 3, 2024, we will issue the policy with the current rates.
  • For applications received on or after January 3, 2024, we will issue the policy with the new rates.
  • Standard rate lock rules apply. Please refer to our rate lock procedures for more details.
For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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North American | [RATE CHANGE] MYGA rates decrease Dec. 22

North American | [RATE CHANGE] MYGA rates decrease Dec. 22

North American | [RATE CHANGE] MYGA rates decrease Dec. 22
Comments

Effective Dec. 22

MYGA rates decrease

NAC Guarantee PlusSM

Multi-year guarantee annuity (MYGA)

Surrender
charge period1

New
high band

Was

New
low band

Was

3-Year

4.75%

5.30%

4.30%

4.85%

5-Year

4.95%

5.40%

4.70%

5.15%

7-Year

5.00%

5.45%

4.70%

5.15%

High band: $100,000 or more. Low band: Less than $100,000.
7-year rates not available in California and Florida. Rates are subject to change at any time.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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The Standard | 13.50% Cap Rate on ECI Plus!

The Standard | 13.50% Cap Rate on ECI Plus!

The Standard | 13.50% Cap Rate on ECI Plus!
Comments

New Feature!
Cap Rate and Enhanced Cap Rate on ECI Plus Annuity

We’ve added more choices into the Enhanced Choice Index Plus — our newest FIA — now available to Atria Independent Broker Dealers. 

  • Cap Rate index interest crediting on the S&P 500® Index
  • Enhanced Cap Rate index interest crediting on the S&P 500® Index ─
    to lock in even more growth potential

Enhanced Choice Index Plus 7

10.50% Rate Cap S&P 500® Index

13.50% Enhanced Rate CapS&P 500® Index

 

California only: ECI Plus is pending approval in California. ECI will remain available for sale in California.

Get Ready to Sell

Training and Applications

Bookmark our website for product training, applications, and product information.

We require product training before starting an application. If you’ve previously completed ECI product training, no additional training is required for ECI Plus.

Ensure you’re using ECI Plus applications. ECI transitioned to ECI Plus — except in California — and we’ll no longer accept old applications.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Contact a Pinnacle Financial Service representative today for assistance.

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