The Secure Retirement Institute (SRI) has recorded a 14% increase in the sales of fixed indexed annuities during the first nine months of 2021 with figures totalling US$47.1 billion, compared with the same period of 2020.
The renewed interest in FIAs comes as the interest rate environment slowly recovers and lower volatility is re-directing investor attention towards such products. As the attention towards indexed annuities heats up, several market players are toying with custom and proprietary strategies to churn out newer alternatives to the market. Independent FIA designer Annexus recently introduced an FIA in partnership with North American Life which tracks a Goldman Sachs managed prop index. To respond t
Continue reading with a subscription to the SRP market intelligence platform.
Request a demoAlready a subscriber? Login