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.
Essentially, the client gets a "LEG up" with fixed income annuities
, by creating more income from what may well be a shrunken asset base.
3 billion; MVA annuities, $10 billion, and fixed income annuities
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.
Gradually increasing the guaranteed income component through annual purchases of additional fixed income annuities can:
Enable retirees to purchase fixed income annuities at increasingly older ages with the possibility of increased income payout rates (income annuities often pay out higher amounts at older ages.
Fidelity Investments Life offers both variable and fixed deferred annuities, variable and fixed income annuities and term life insurance with variable features and guaranteed minium death benefit options, and also distributes third-party offerings.
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
New death benefits - Most fixed income annuities already offer the option of benefits after the death of all annuitants.
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.
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.