Why Some Advisors Don’t Like Selling Fee-Based Annuities
May 3, 2018 by Cyril Tuohy
Regulators have pushed insurers to develop fee-based annuities, but financial advisors and brokers who sell them say these annuities remain clunky and aren’t as “clean” as commission-based annuities when the time comes to close a sale.
Despite the onslaught of new fee-based annuities in the market over the past 18 months, sales of these products remain a fraction of the overall variable annuity and fixed indexed annuity market.
Click HERE to read the full story via INN Magazine.
Originally Posted at InsuranceNewsNet Magazine on April 2018 by Cyril Tuohy.
Categories: Industry Articles