Sentences with phrase «annuity industry sales»

The second quarter annuity industry sales estimates published by LIMRA Secure Retirement Institute (LIMRA SRI) reveal that sales declined compared to one year ago.

Not exact matches

Insurers have released several new fee - based variable and indexed annuities over the past 18 months to appeal to RIAs and the increase in sales of fee - based products should offer some encouragement as the annuity industry struggles to boost sales.
March 21, 2018 - Wink's Sales & Market Report, the insurance industry's # 1 resource for indexed annuity sales data since 1997, is in its third year of reporting on all non-variable deferred annuities which include indexed annuity, traditional fixed annuity, and multi-year guaranteed annuity (MYGA) product lSales & Market Report, the insurance industry's # 1 resource for indexed annuity sales data since 1997, is in its third year of reporting on all non-variable deferred annuities which include indexed annuity, traditional fixed annuity, and multi-year guaranteed annuity (MYGA) product lsales data since 1997, is in its third year of reporting on all non-variable deferred annuities which include indexed annuity, traditional fixed annuity, and multi-year guaranteed annuity (MYGA) product lines.
The rule would cause «extraordinary» harm to the $ 50 billion industry, Bartz said, noting that 60 % of fixed indexed annuity sales go through individual insurance agents.
Overall, the indexed annuity market cooled significantly at the end of last year as fourth quarter sales fizzled 13 percent to $ 14 billion compared with the year - ago period, according to industry tracker LIMRA Secure Retirement Institute.
See http://janebryantquinn.com/2010/09/have-an-annuity-with-lifetime-income-guarantees-dont-give-it-up/ I have written negatively about equity - indexed annuities (which the industry likes to call «fixed annuities,» even though they aren't fixed), due to lack of disclosure, hidden fees and, yes, abusive sales, as several lawsuits by attorneys general can attest.
Industry analysts expect overall U.S. variable annuity sales to shrink by about 10 to 15 percent in 2017 compared to 2016, with many people pointing to Department of Labor's fiduciary rule as a big reason.
In a way not unlike the timeshare industry, annuity sales practices have attracted a lot of criticism.
I hope that the annuity industry is too far down the road to return to the Wild West sales messaging that seemed to go unregulated and unchecked.
I still caution the ever eager annuity industry to refrain from their «market upside with no downside» sales pitch chorus.
Villas, Castles and Vacations: How Perks And Giveaways Create Conflicts of Interest In The Annuity Industry This report from the office of Senator Elizabeth Warren details the fees, rewards, prizes and other inducements many annuity purveyors provide to insurance agents to spur annuity sales.
In addition, Lincoln is ranked as # 10 in the industry in fixed indexed annuity sales.
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