Talking index products with Genworth’s Charlie Gipple
June 11, 2013 by Staff Writer
Index products have become a welcome option at a time when persistently low interest rates continue to challenge cash accumulation opportunities, according to Charlie Gipple, national director of index products at Genworth. That’s because index products provide clients with an opportunity to receive index-linked interest, potentially capitalizing on the upside of the market without the downside risk.
As clients experience flashbacks to 2008 — and even the early 2000s — Gipple says it’s no wonder even risk-tolerant customers are still relatively hesitant about reentering the market. Click here to read…