Hybrid annuities: Good for clients, good for advisors?
June 20, 2013 by Christopher Raham, James Collingwood
Recently, insurers have begun to develop annuity products that are hybrids between fixed indexed annuities and structured products. These hybrids are designed to offer consumers downside protection (at the expense of upside limits), while also protecting insurance companies from the market risk that comes with traditional variable annuity product designs. To date, only two companies, AXA Equitable (AXA) and MetLife, have begun to offer these products for sale, with Allianz also having filed a similar product with the SEC.
Originally Posted at LifeHealthPro on June 19, 2013 by Christopher Raham, James Collingwood.
Categories: Industry Articles
