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.
Registered index-linked annuities have become many companies' new flagship product.
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.
One executive believes registered index-linked annuities offer the downside protection advisors are seeking.
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.
The nation's largest asset manager is embedding an annuity in target-date funds.
The annuities market has bounced back strongly after being racked by the pandemic last year.
The Consumer Federation of America wants more meaningful disclosures for index-linked annuities.
Variable annuity sales rose to $32.7 billion, a 55% jump from last year's second quarter, according to SRI.
Some of the rules are falling harder on smaller advisors, say industry advocates.
The Consumer Federation of America wants more meaningful disclosures for index-linked annuities.
The annuity industry is still struggling to drive home the message that guaranteed income is important, the firm says.
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.
Annuities can fill the gap to cover retirement spending needs, he said.
The rebound was due to strong equity market gains, lower volatility and rising interest rates, SRI reported.