Some financial planners are upbeat about variable annuities while others avoid them. However you feel about variable annuities, there’s no doubt that they’re ubiquitous: Morningstar reports that VA net assets reached a record $1.87 trillion at year-end 2013. Chances are that some of your clients hold VAs, including contracts acquired during a prior advisory engagement.
All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.