Will fixed-rate annuity assets stay or bolt from banks?

November 25, 2013 by Maria Wood

Since banks and career agents manage nearly two-thirds of fixed-rate annuity assets for clients, they have a great deal of input regarding the fate of those contracts once surrender charges expire. That was the thesis of a research brief written by Matthew Drinkwater and Jafor Iqbal, both associate managing directors with LIMRA’s Secure Retirement Institute (SRI).

To get an idea of the scope of their management footprint, LIMRA reviewed statistics from the second quarter. Click here to read…

Originally Posted at LifeHealthPro on November 25, 2013 by Maria Wood.