The ‘Clunky’ Details of Fee-based Annuities

February 26, 2018 by Jamie Johnson

Regulators have pushed insurers to develop fee-based annuities, but financial advisors and brokers who sell them say these types of annuities remain clunky and aren’t as “clean” as commission-based annuities when the time comes to close a sale.

Despite the onslaught of new fee-based annuities in the market over the past 18 months, sales remain a fraction of the overall variable annuity and fixed indexed annuity market.

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Originally Posted at InsuranceNewsNet on February 26, 2018.