Annuities can play a role in different ways during periods of volatility.
A client's attitude toward assets will determine the best retirement income plan, the retirement specialist said.
Annuity sales were the third-highest in recorded history in 2021, according to SRI.
As the need for protected income increases, annuity sales have skyrocketed.
RIAs and broker-dealers helped drive fee-based VA growth, said the industry think tank.
Estimates for clients' lives might be too out of date for their retirement plans.
People have different attitudes about flexibility and safety when it comes to retirement income.
Adopting a Moneyball approach can lead to better outcomes.
The registered rep avoided detection for years by listing his wife as the selling agent, Finra said.
Variable annuity sales rose to $32.7 billion, a 55% jump from last year's second quarter, according to SRI.
Sales were driven by a strong economy and pent-up demand amid Covid uncertainty, said SRI.
Some of the rules are falling harder on smaller advisors, say industry advocates.
The annuity industry is still struggling to drive home the message that guaranteed income is important, the firm says.
The estimated increase in the COLA would be the largest since 1983.
Alexis Cooke, who was subsequently fired by NY Life, agreed to a lifetime ban after lying about the violations, the regulator said.
The annuities market has bounced back strongly after being racked by the pandemic last year.
The rebound was due to strong equity market gains, lower volatility and rising interest rates, SRI reported.
The amount depends on a number of factors, including how you bought the product and when.
It's unclear how long it will take for life expectancy to rebound.