Salt Financial, Franklin Templeton Collaborate on Risk-Controlled Fixed Annuity Index

Investment management giant Franklin Templeton has partnered with index solutions provider Salt Financial to create a strategy for a volatility-controlled fixed index annuity for insurance companies.

Greenwich, CT-based Salt Financial’s truVol Risk Control Engine will be paired with Franklin Templeton’s portfolio management capabilities, according to the firms. The pairing will create a fixed-income annuity index using Salt Financial’s patent-pending risk control technology to further build the market for the long-term, tax-deferred investments.

“We are proud to contribute our truVol technology as we closely collaborate with Franklin Templeton’s Insurance Solutions team,” said Tony Barchetto, Founder & CEO, Salt Financial. “We share Franklin Templeton’s client-centric approach and are confident we will deliver highly differentiated strategies to carriers looking to offer indexes that set them apart from their peers.”

“Our partnership with Salt Financial allows for additional co-designed index opportunities that will bring together Franklin Templeton’s proprietary equity investment capabilities with the specialized volatility control and risk management strategies developed by Salt,” added Doug Sue, head of Insurance Solutions for Franklin Templeton.