Aggressive Annuity Illustrations Should Be Reined In, Critics Says

November 22, 2021 by Warren S. Hersch

Wink CEO Sheryl Moore observes that the average fixed annuity rate is a mere 1.71%, while variable annuities are illustrating at less than 8% net. She said in an email that to illustrate a fixed product that has a floor at a rate higher than a variable annuity is “inconceivable.”

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Originally Posted at Life Annuity Specialist on November 19, 2021 by Warren S. Hersch.