Annuity business benefiting from reinvention, study finds

09/9/2013 | Insurance Networking News

The annuity business in the U.S. is experiencing inspiring development and reinvention in nontraditional products such as deferred income annuities and structured variable annuities, according to a report by the global analytics firm Cerulli Associates. The company said it strongly recommends the development of other annuity products including contingent deferred annuities, fee-based variable annuities and simplified variable annuities.

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