Strong economic conditions coupled with growing demand for protected investment growth pushed sales to $385B in 2023.
Potential buyers say they like these products, but why don't they jump in?
Supporters of the rule weighed in on the last day to offer public comments.
Insurance and independent brokerage industries will be hardest hit, Fred Reish says.
The proposal would require insurers to better explain fees and complexities.
AnnuityFix helps advisors become independent from the broker-dealers that control their clients' annuities.
The equity market has helped stimulate annuity sales, according to LIMRA.
Some of the illustrated returns used in marketing the products are overly optimistic, the research firm says.
The annuities giant saw plunging operating earnings. It blamed higher costs and derivatives losses.
The product includes a downside protection feature that covers up to the first 20% of losses.
The firm believes that investors want annuities to build retirement savings while addressing market volatility.
The company has launched the Jackson Market Link Pro II and Jackson Market Link Pro Advisory II.
FIAs with lifetime income guarantees merit consideration by retirement planners in some situations, the firm says.
Where and how should annuities figure in retirement-income planning?
There may be a shift in consumer demand to variable annuities with lower rates, the research organization says.
Over the past decade, Athene has grown into the firm's biggest profit driver and the largest annuities provider in the U.S.
Interest rates have risen to a point where annuity swapping needs to be carefully considered by advisors.
Fixed-rate deferred annuities now make up 44% of the annuity market, according to LIMRA.
Many Americans are worried about the turbulence in the economy, says Allianz Life.
The two new indexes are designed to enhance diversification possibilities.