Prudential May Offer New FIA Through IMOs
February 27, 2018 by Cyril Tuohy
Prudential Financial built its first fixed indexed annuity for financial advisors but the company might also sell it through independent marketing organizations.
Prudential distributes PruSecure alongside its variable annuities through its broker-dealer Prudential Advisors, independent broker-dealers, banks and wirehouses, but not IMOs. IMOs, which work mostly with insurance agents, hold a 60 percent distribution market share for FIAs.
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Originally Posted at InsuranceNewsNet on February 23, 2018 by Cyril Tuohy.
Categories: Industry Articles