Friday, March 23, 2007
Variable Annuities Survive and Thrive After Track Record of Struggles
Variable annuities are no strangers to controversy. VAs have been thrashed by many advisors as complex and expensive investment vehicles. Some analysts predicted withering sales ahead after peaking in 2000. But more than five years later VA products are proving they have the temerity to thrive under these unsympathetic conditions.
In spite of state and federal investigations Market Audit found that VA product purchases made by seniors through brokers or other investment professionals climbed to 57% in 2004 from 52% in 2003.
Variable Annuities Survive and Thrive After Track Record of Struggles
Source: Insurance News Net
In spite of state and federal investigations Market Audit found that VA product purchases made by seniors through brokers or other investment professionals climbed to 57% in 2004 from 52% in 2003.
Variable Annuities Survive and Thrive After Track Record of Struggles
Source: Insurance News Net
Permalink posted by armandn @ 7:58 AM 
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