As insurers put the brakes on variable annuity sales, an old rival is emerging as a potential powerhouse in the business.
With rates staying low, carriers have a dim three years on the horizon
With life expectancies rising, fixed income investments won't make savings last longer
Bond king says property, commodities a better bet for protecting purchasing power
Hedge funds expected to see substantial leap in AUM in next five years; risk management is key
Income enhancement still the biggest draw of VAs, study finds
Because many complex financial products have the potential for sudden and/or severe losses of principal, it is imperative that firms recommending these products document a thorough “reasonable basis” suitability analysis.
Many advisers say their greatest allies in learning more about the products and closing sales are their own broker-dealer and the carriers themselves.
Initial coverage encompassed 40 funds; so far, only one merits a gold star
Advisers urged to get proactive as exclusion could drop to $1 million, from $5 million
