Buffered or structured variable annuities 'are the new shining star of the annuity market,' said Sheryl Moore, CEO of Wink, Inc., which tracks annuity sales. 'This is where life insurers will start focusing their product development resources.'
In June, Retirement Income Journal dedicates most of its coverage to the world of indexed annuities. This year we’re concentrating on the indexed variable annuity, for two reasons. Its sales are growing, despite the repressive rate environment. It also defies easy understanding.
The Congressional Budget Office projects that from 2020 to 2030, cumulative nominal GDP will be $15.7 trillion (5.3%) less than the CBO projected in January.
'This shouldn’t be that hard: Keep pumping money into the economy to support incomes as you build out the public health infrastructure,' writes our guest columnist, an economist at the University of Oregon. But the riots and possible military intervention worry him.
Allianz Life will compete in the structured ETF space against Innovator Capital Management, which invented this type of investment in 2018, First Trust, and New York Life Investments, which will distribute a structured ETF built by m+.