5 Sources of Drama in Annuity Product News Now
March 25, 2020 by Allison Bell
News editors tend to question whether annuity product news is actually news.
It’s usually about cheerful announcements about new contracts, new strategies for calculating the crediting rates, and new opportunities for agents to earn commissions and bonuses, or for fee-based advisors to earn fees.
Now, annuity product news is about the issuers figuring out how to work from home, slashing product menus to reflect falling interest rates, and trying to reassure financial professionals, other business partners, and themselves that we’ll get through this.