Broker/Dealers Embracing FIAs As Demand Grows
July 22, 2015 by InsuranceNewsNet
The Insured Retirement Institute (IRI) today released a new research report showing that fixed indexed annuities (FIAs) are becoming a greater part of broker-dealers’ annuity business. The IRI report found that FIAs made up 10 percent of total broker-dealer annuity sales in 2014, and half of broker-dealers expect this share to continue to grow.
“The retirement income market continues to evolve its product offerings, developing innovative strategies to deliver guaranteed lifetime income to consumers,” IRI President and CEO Cathy Weatherford said. Click here to read…