Fixed Indexed Annuities: What’s Changed (or Not) in Ten Years
June 13, 2022 by Kerry Pechter and Sheryl Moore
Every year, Wink CEO Sheryl Moore and RIJ analyze a segment of the annuity industry using Wink’s proprietary data. This year, we examine FIA sales since 2011: The era of private equity in the annuity business.
Ten years ago, sales of fixed indexed annuities (FIAs) were largely confined to the life/annuity industry’s ‘Wild West’ territory. Since then, the FIA has gained respectability and emerged as one of the industry’s flagship products. In this article, we’ll review and reflect on some of the changes that have occurred in this product category from 2011 to 2021.