Jackson National Life has begun offering bank customers a fixed annuity designed to be more liquid than traditional annuities.

The annuity, dubbed Pathfinder, guarantees investors fixed rates for up to 10 years. The guaranteed period and the contract end simultaneously, and investors can cash out without a penalty.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.