The Federal Reserve raised interest rates mid-month last December, which is likely a good thing for the fixed annuity industry. Insurance News Net’s Linda Koco forecasted how the .25% increase would effect the industry in the article “Rate Increase Bodes Well for Fixed Annuity Sales.” …
Fixed Index annuity sales are strong and will continue to grow this year, according to LifeHealthPro’s Peggy Bresnick. In “U.S. fixed indexed annuity sales on growth course,” Bresnick said that indexed annuity sales are strong and steady despite an overall annuity sales slowdown. Total annuity …
The annuity industry has been watching the movement of interest rates closely and expecting them to rise for years. Annuity pricing improves as interest rates increase, but it can be difficult for insurance companies to time their annuity strategies. It’s also difficult to time your …
Although fixed annuity rates are historically low, fixed annuity products still carry value and may provide some financial stability to retirees. In The Motley Fool’s “Fixed Annuity Rates: Dependable Monthly Income,” article author Jordan Wathen refers to fixed annuity products as the “reverse” of a …
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