Variable Annuities: Emerging from the Dark Side?

Opiela, Nancy
March 2007
Journal of Financial Planning;Mar2007, Vol. 20 Issue 3, p21
Academic Journal
The article discusses variable annuities. Information from the National Association for Variable Annuities claims that total sales of the product was up 20 percent in 2007 compared to 2006. A Financial Research Corporation study entitled "Prospects for Variable Annuities in the Retirement Income Market" suggests that financial advisors can add to that rate and benefit from an increase in their use of variable annuities for income production. In addition, the study showed that variable annuities were advisors' number two product choice to fund a client's rollover assets. INSET: Types of Variable Annuity Living Benefits.


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