Not enough supply for the fee-based community
September 16, 2020 by Sheryl J. Moore
There isn’t enough supply of annuities for the fee-based community. Let me give you a sneak peek (total fee-based offerings/total annuities):
Multi-year guaranteed- 1/535
Do YOU think that there are enough choices if you are working through a fiduciary?
Wink’s Note: Fixed annuities are classified as such because they have a declared interest rate, which is fixed, and only guaranteed for a single year (as opposed to MYGAs).