Some Clients Said ‘No Thanks’ to Traditional Variable Annuities in Q3
November 28, 2022 by Allison Bell
Stock market volatility hurt sales of traditional variable annuities in the third quarter but helped sales of non-variable annuities, according to new annuity issuer sales survey data from Wink.
Sheryl Moore, the CEO of Wink, said rising interest rates made multi-year guaranteed annuities, or MYGA contracts, especially popular.
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Originally Posted at ThinkAdvisor on November 23, 2022 by Allison Bell.
Categories: Sheryl's Articles