Press Releases

Press Releases

——Press Releases——
August 23, 2018
Fee-Based Annuities May Alter High-Cost Reputation of Variable Annuities

August 24, 2018, Needham, MA – The variable annuity (VA) industry continues to battle meaningful challenges with sales plummeting nearly 40% since their last high in 2011. While many industry experts cite the uncertainty surrounding the partial implementation of Department of Labor’s fiduciary rule as contributing to reduced sales, the perception of high fees has long been a sticking point for advisors and their clients. In fact, over 60% of advisors specify high costs as the greatest barrier to expanding VA sales, according to more than 800 advisors across all channels from FUSE Research Network’s latest Advisor Trend Monitor Series Report – Variable Annuities: The Advisor View, published in conjunction with WealthManagement.com.

For the complete press release, click here.

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