Prudential Sees Interest Rate Winds Hurting MYGAs, Helping RILAs
February 11, 2025 by Allison Bell
Prudential Financial thinks the economic weather will still be good for U.S. individual annuity sales this year.
The company is predicting that total account value for the annuities the company wants to sell will grow 20% to 25% this year, to more than $50 billion.
Caroline Feeney, the head of Prudential’s U.S. businesses, said during a conference call with securities analysts Wednesday that overall sales should be strong even if the outlook for some annuities is sunnier than for others.
Originally Posted at Think Advisor on February 6, 2025 by Allison Bell.
Categories: Industry Articles
