Posts Tagged ‘annuities downside risk’
Variable Annuities: Is the Party Over?
Sales have been skyrocketing for variable annuities. Advisors, brokers, and insurance agents have been selling the product to investors, on the premise of all the upside from the market and none of the downside risk. But, in recent months we have seen John Hancock, Sun Life, and many others exit the variable-annuity business altogether due to the [...]
