The insurer's variable annuities dipped 39% year-over-year in the second quarter, offering a glimpse into the power of big distributors like Fidelity.
Following record MetLife fine, regulator says VAs are now at the core of their focus: complex products marketed to seniors.
Fixed indexed annuity sales are steadily gaining on those of variable annuities, thanks in large part to continued low interest rates.
Smart-beta strategies got their latest seal of approval in the form of a $100 million mandate from variable annuity giant Jackson National, which has added the DoubleLine Shiller Enhanced CAPE Fund to its menu of VA investment options.
Properly assessing the viability of a variable annuity for a particular client entails considerably more than just adding it alongside a standard model portfolio.
Using an anecdote critical of VAs , Thomas Perez says most people are better served by simple investments.
Advisers willing to wait to get into the carrier's VAs and if history is any guide, first quarter sales will jump.