Indexed Annuities’ Fortunes May Ride on More Than Rates Come 2021
December 23, 2020 by Warren S. Hersch
Sheryl Moore, CEO of market research firm Wink, says that robust stock markets alone won’t provide much relief for the product line.
She says that creating indexed annuities was challenging enough when the 10-Treasury note yielded 2%. Now the government bond pays less than 1%.