Fixed Annuities, Unchained!
March 26, 2019 by Editorial Staff
Fixed deferred annuities, which were once eclipsed by variable deferred annuities, confined to the insurance agent channel, and threatened by federal regulation, have emerged as the chief bread-winners for many life insurers.
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“While sales were down for 2017 because of the Department of Labor [fiduciary rule], 2018’s sales have more than made-up for 2017’s loss,” said Sheryl J. Moore, president and CEO of both Moore Market Intelligence and Wink, Inc., in a release.