Demand For FIAs Continues To Accelerate
March 22, 2016 by John Hilton
Market conditions, combined with the looming threat of the Department of Labor’s fiduciary rule, are driving up demand for fixed indexed annuities, a panel of insurance executives said Monday.
FIAs registered a record $14.4 billion in sales in the third quarter of 2015. Sales are expected to remain hot as investors look away from variable annuities, said Bill Lowe, president of Sammons Retirement Solutions.
Lowe was part of the panel of executive who spoke during the Insured Retirement Institute’s Marketing Summit 2016 in West Palm Beach, Fla.
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Originally Posted at InsuranceNewsNet on March 22, 2016 by John Hilton.
Categories: Industry Articles
