Insurers have been expecting a spike in in the annuitization rates of certain older variable annuities, but that hasn’t happened—at least not yet. Advisors may have had some influence on this, but the ...
Variable annuities are in the midst of a major overhaul. In recent months, VA providers have been busy raising fees, decreasing benefits and, in some cases, suspending guaranteed income and withdrawal ...
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the results of its two 2024 Variable Annuity Industry Experience Studies, which analyze ...