The annuity industry has literally had its ups and downs lately. And while the road ahead may split in different directions, advisers who know how to decipher the signposts can help clients stay on course.

For the first quarter of 2016 (the latest data available), fixed indexed annuity sales jumped by 35% over the prior year’s period, according to the LIMRA Secure Retirement Institute. That’s the eighth consecutive year of growth. Meanwhile, variable annuity sales dropped 18%, to reach the lowest level of VA sales since 2001.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access