Volatility Indexes May Go on Trial After Security Benefit Legal Setback
April 4, 2023 by Cyril Tuohy
Volatility indexes command a large share of the market for the products. In the third quarter, 44% of the premiums for fixed-indexed annuities went toward the S&P 500 Index, with hybrid indexes a close second, at 41.4%, according to Wink’s Sales & Market Report. This category includes volatility-controlled indexes.
The annuities mentioned in the suit are Security Benefit’s Secure Income Annuity and Total Value Annuity.
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Originally Posted at Life Annuity Specialist on March 31, 2023 by Cyril Tuohy.
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