Wednesday, September 10, 2014
Fixed Annuity Sales Rising in 2014, but Why Now?.
New studies show that, despite relatively stable conditions, fixed annuity sales have increased considerably in 2014 over 2013, as a perhaps unexpected number of clients flock toward these traditional guaranteed income products. While it is unsurprising that products providing guaranteed income for retirees are popular, what is surprising is that the historical motivations behind an upswing in fixed annuity sales are simply not present in today’s market.
Fixed annuities are undeniably trending, but as financial producers and clients alike evaluate retirement income planning goals, the headlines being made by these products has everyone asking the same question: why buy a fixed annuity today?