Over the last few years, variable annuities have earned quite a bad reputation, and it wasn’t without cause. Sold with (often) hefty commissions attached, these complex products were pushed on everyone, even those who wouldn’t benefit from their offerings. Subsequently, sales of VAs have continuously dropped, until now. For the first time in a long time, a few insurers were able to brag about their third-quarter earnings in the variable annuity sector.
While some insurers were glad to... Read More