Variable Annuities, Down But Not Dead
May 1, 2018 by Cyril Tuohy
Variable annuity sales in 2017 fell 10 percent and are down 50 percent compared to a decade ago but there’s reason to be more hopeful in 2018, a Morningstar expert said.
“It looks like some of the underlying factors are moving in a direction that would indicate more VA sales,” said John McCarthy, senior product manager for Morningstar in Chicago.
Among the underlying factors that represent a tailwind for variable annuity sales:
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Originally Posted at InsuranceNewsNet on April 26, 2018 by Cyril Tuohy.
Categories: Industry Articles