Hot Hybrid VAs Draw Complaints From Some
October 31, 2017 by Cyril Tuohy
Sales of a new type of variable annuity are running hot, but the product line isn’t without complaints.
Hybrid variable annuities, also known as structured or buffer variable annuities, protect, or buffer, contract holders from market downturns to a limited extent. In exchange, higher caps are added to interest credited to the policyholder.