Rising interest rates pushing annuity product development
March 24, 2016 by Greg Iacurci
Insurers are trying to capitalize on an environment of rising interest rates by developing annuities that would benefit investors as rates increase.
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“With this product development, these companies are finding a way to try and take advantage of a rising-rate environment,” said Sheryl Moore, president and chief executive of Moore Market Intelligence. “This is kind of a trend we’ve seen really taking flight lately.”
Originally Posted at InvestmentNews on March 22, 2016 by Greg Iacurci.
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