New Buffered Annuity’s Bold Bet: Direct Sales, No Suitability Review

June 6, 2023 by Warren S. Hersch

Sheryl Moore, CEO of Wink, publisher of Wink’s Sales & Market Report, counts herself a skeptic about prospects for an indexed-linked variable annuity sold directly to consumers. Selling in the nascent market segment, which earlier was limited to simpler product designs like fixed-rate and single premium immediate annuities, is challenging, she said in an email.

“It is difficult to imagine that a product as complicated as a structured annuity would have quick adoption,” she added.

Click HERE to read the full story via LifeAnnuitySpecialist

Originally Posted at Life Annuity Specialist on June 2, 2023 by Warren S. Hersch.