CHART 4 ANNUITY TYPES THAT ACCOUNTED FOR THE MAJORITY OF AGENTS' SALES IN THE PAST 12 MONTHS 2008 2009 2010 VARIABLE ANNUITIES 34% 40% 49% FIXED INDEXED ANNUITIES 42% 24% 25% FIXED DECLARED RATE ANNUITIES 21% 34% 17% FIXED INCOME ANNUITIES
2% 2% 10% CHART 5 ANNUITY TYPES THAT AGENTS ANTICIPATE SELLING MOST OVER THE NEXT 12 MONTHS 2008 2009 2010 VARIABLE ANNUITIES 34% 37% 53% FIXED INDEXED ANNUITIES 44% 24% 27% FIXED DECLARED RATE ANNUITIES 18% 33% 12% FIXED INCOME ANNUITIES
4% 6% 9% CHART 6 AGENTS' BIGGEST CHALLENGES WITH SELLING ANNUITIES Finding qualified prospects 40% Clients don't want to tie up money 38% Clients don't understand them 34% Clients prefer other retirement savings vehicles (e.
To obtain a copy of the study, entitled Study of Retirement Income Account Allocations Among Equities, Bonds and Fixed Income Annuities
, send an email to IMSD@MassMutual.
These products can play an important role in a broader investment portfolio, with fixed income annuities
providing steady income and other investments such as mutual funds, ETFs or stocks capturing market upside and protecting against inflation risk.
By including fixed income annuities in a retirement income account, retirees may achieve greater growth potential while also addressing their desire to avoid running out of money in retirement and to leave a legacy for their spouses or children," added Golden.
Stocks, bonds and fixed income annuities working together can help create a plan that delivers a combination of lifetime income security and asset growth potential," said Golden.
Products: Fidelity Investments sells both variable and fixed deferred annuities, variable and fixed income annuities
and term life insurance with both variable features and guaranteed minimum death benefits options, as well as distributing third-party products.
Insulated Separate Account, Plus New Death Benefit Provisions Set New Benchmarks for Immediate Fixed Income Annuities, Competitive cost allows Employers to consider ELM annuities for their retirees
Until now, the general retiree public was unable to purchase fixed income annuities with these features," said Chris O'Flinn, president and CEO of ELM Income Group.
The option is based on the Consumer Price Index (CPI-U) and allows individuals to receive automatic increases to their fixed income annuities based on the changes in the cost of living index.
In addition to the new Inflation Adjusted Option, the Income Solutions(R) program includes fixed income annuities from eight major insurance companies.
Life USA) indicated today that it anticipates the shrinking market for fixed income annuities
, caused by continued record low interest rates and a relatively flat yield curve, will have a negative impact on 1998 sales.