For the most part, variable annuity insurers are moving away from selling risky benefits, but we think that the process of de-risking will take time, because industry sales are still largely driven by the richest riders. In the meantime, we’ve seen evidence that a few newer product concepts, with much more modest guarantees, are gaining acceptance...
Newer Annuity Types That Are Emerging During this Period of De-Risking
Steven D. McDonnell