Updated Sunday, November 23, 2014 as of 12:52 AM ET

Advisors Helping Fuel Annuity Growth

The annuity industry has been riding momentum, with advisors helping fuel the growth. And as more advisors at some of the larger broker-dealers and wirehouses embrace fixed indexed annuities in recent years, total annuity sales are likely to keep growing in 2014, says Morningstar analyst John McCarthy.

Get access to this article and thousands more...

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.

Already Registered?

Comments (1)
In my experience, there isn't a strong demand for annuities. Annuities are not bought, they are sold. And as far as the best vehicle for tax deferral, nothing beats individual stock. You control the taxes and when liquidated pay lower capital gains taxes. You can even offset gains with losses and possibly eliminate taxes. With annuities you pay gains at your income tax bracket, and there is no stepped up cost basis at death. Overall, I don't see much need for them.
Posted by Steve T | Thursday, April 03 2014 at 6:26PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here