Constant Drip Of Low Rates Deteriorates Annuity Distribution
December 9, 2020 by John Hilton
“Insurance companies have had to adjust dramatically to accommodate COVID,” said Sheryl Moore, CEO of Moore Market Intelligence. “Their sales are down, and it’s like, ‘We’re not able to make up for what we’re losing.’ And I’m concerned about that. Because when people aren’t able to make it paycheck to paycheck, it’s going to hit their retirement savings. And that’s what we’re seeing.”
Click HERE to read the full story via INN (you’ll need to scroll down the page at INN to read)
Originally Posted at InsuranceNewsNet on December 1, 2020 by John Hilton.
Categories: Sheryl's Articles