Sales of fee-based VAs and FIAs on rise in US: Cerulli

December 14, 2017 by Editorial Staff

New research from Cerulli Associates, a global research and consulting firm, discusses how the Department of Labor (DOL) Conflict of Interest Rule has slowed development along the variable annuity (VA) product pipeline. However, many insurers were being proactive in 2016 as approximately 25 of the new product filings were I-share VAs (i.e., fee-based VAs).

“A clear priority for most VA carriers is to manage the risk of their guaranteed benefits,” explained Donnie Ethier, director at Cerulli.

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Originally Posted at Retirement Income Journal on December 14, 2017 by Editorial Staff.