Reversal of fortunes

February 28, 2013 by Warren S. Hersch

Only a few years ago, many within the advisor community viewed fixed indexed annuities (FIAs) as troubled products. Hybrid solutions that incorporate features of both traditional fixed and variable annuities (VAs), FIAs were shunned by financial professionals who desired the greater growth potential of VAs and other equity-based vehicles.

Many, too, were critical of the products’ seeming complexity, believing the plethora of moving parts a hard sell. Also, life insurance agents who don’t sell securities were uncertain of the products’ future because of the prospect of regulation by the Securities and Exchange Commission (SEC). Click here to read…

Originally Posted at LifeHealthPro on February 19, 2013 by Warren S. Hersch.