2011-2020 FIA Returns Were Modest, Data Suggests
October 8, 2021 by Kerry Pechter
While studying a table of annual fixed indexed annuity (FIA) cash flows, I noticed a row labeled “Investment Returns.” The table came from LIMRA’s Secure Retirement Institute (SRI).
Sheryl Moore, founder of Wink, Inc., which collects data from issuers of all types of annuities, said my numbers don’t match her experience. She thinks they’re too low. “Until I can validate the source of LIMRA’s data, I cannot comment really,” she told RIJ this week. “This information has not existed before. As recently as six months ago, insurance companies were telling me that this data did not exist.” She did not offer competing data.