2018: A come-back year for indexed annuities
November 30, 2018 by Kerry Pechter
Indexed annuities were once the problem child of the annuity world. Now, having survived the Obama Department of Labor’s attempt to corral them, they’re more like the darling of the annuity world. Third-quarter YTD sales figures tell the tale.
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I am not surprised to see yet another record-setting quarter for indexed annuities,” said a press release from Sheryl J. Moore, president and CEO two annuity data tracking firms and a tireless advocate for fixed indexed annuities (FIAs). “I want to prepare everyone, and just say that you can count on another go-round for fourth quarter, 2018; we are going to make it a three-peat!”