CINCINNATI–(BUSINESS WIRE)–Great American Life’s Index Protector 7^SM was the first fee-based fixed-indexed annuity to hit the market in 2016. And now, it’s getting the attention of industry expert Dr. Wade Pfau, Ph.D., CFA and professor of retirement income.

Dr. Pfau recently published a white paper that explores the risks of traditional fixed-income investments and sheds light on how Great American Life’s fixed-indexed annuity can play a pivotal role in managing risk in pre-retirement years.

“Fixed-indexed annuities can function as an asset class within an accumulation portfolio to better manage downside risk, while still allowing participation in market upside,” Pfau explained. “This can better set the stage for retirement and generate more lifetime retirement income from a given asset base.”

Tony Compton, Great American Life Divisional Vice President of B/D and RIA Sales, says the low-interest rate environment presents a unique challenge for today’s investment advisors.

“Not only are advisors navigating lower fixed income returns, but also an equity market that’s approaching all-time highs. This combination has many advisors looking for alternative solutions to help clients generate higher returns without taking on too much risk,” Compton said. “We’re honored to have an esteemed expert like Dr. Pfau recognize how our product can help fulfill the need.”

Visit GreatAmericanRIA.com to access Dr. Pfau’s white paper, along with a cutting-edge portfolio simulator tool and more resources that simplify the annuity experience for advisors and the clients they serve.

Great American Life Insurance Company^® is a member of Great American Insurance Group^® and is rated “A+” by Standard & Poor’s and “A” (Excellent) by A.M. Best for financial strength and operating performance. For more information about Great American Life’s offerings in the RIA market, please contact Donna Carrelli, Divisional Vice President, Marketing Services, 513-412-1518 or dcarrelli@gaig.com.

About Great American Insurance Group

The annuity operations of Great American Insurance Group (GAIG) offer retirement solutions through the sale of traditional fixed, fixed-indexed and variable-indexed annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets. Annuity subsidiaries include Great American Life Insurance Company^® and Annuity Investors Life Insurance Company^®. GAIG’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. The members of GAIG are subsidiaries of American Financial Group, Inc. (AFG). AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG. AFG is a Fortune 500 Company with assets of $61 billion as of June 30, 2018. Learn more at GAIG.com.

S&P rating affirmed February 23, 2018. “A+” is fifth highest of 21 categories. A.M. Best rating affirmed August 17, 2018. “A” (Excellent) is third highest out of 16 categories.