Evolution of Variable Annuities Doesn’t Mean Improvement

Once the financial marketplace began its shift in 2008, promises and contractual guarantees offered by variables annuities became a huge and monstrous potential liability for the industry. The liability was really a derivative, meaning a future promise paid for by consumers but expensive for the insurance companies to keep.

By |2020-04-14T18:42:18+00:00May 26th, 2014|Annuities|