Annuities might be down, but they are not out.
In fact, the global pandemic and associated economic disruption, punctuated by ultra-low interest rates, might be giving annuity manufacturers the time out needed to build toward a sales resurgence. A panel is slated to discuss the possibilities Wednesday at the LIMRA virtual annual conference.
"The value proposition with annuity products is there," said Todd Giesing, senior director, annuity research, Secure Retirement Institute. "We have that unique value proposition of guaranteed income protection out there in the marketplace, and a demographic in our favor. There’s just under 4 million people turning 65 in […]
Full Post at insurancenewsnet.com