Analysts Disrespect Annuities, So Why Do People Buy Them?

“I hate annuities!” trumpets one mass marketing money manager. Other critics look down on tepid yields and what seems like high fees. Yet US consumers invested $133 billion in fixed and fixed index annuities last year. What do they see that the critics don’t? A recent...

Annuity Owners More Confident

But Annuities Get No Respect In the world of investing, fixed-rate and index annuities are dismissed as not worthy of a savvy investor’s attention. Indeed, for some, annuities are the object of scorn. Ken Fisher, the ubiquitous money manager, uses the tagline, “I hate...

Largest Bank BDs Dominate Bank Annuity Market

Top 25 Firms Account For More Than Half Of All Financial Institution Annuity Sales According to new Kehrer Bielan research, the 25 largest bank broker dealers produced almost $22 billion in fixed and variable annuity premium last year, 57% of the total sold by all...