Fixed-indexed annuities are gaining favor, expert says

02/13/2013 | National Underwriter Life & Health

Downside protection, shorter durations, living benefits and a greater acceptance among investment advisers have combined to propel the sales of fixed-indexed annuities, says Eric Thomes of Allianz Life Insurance Company of North America. The product's enhanced features, also associated with variable annuities, have prompted many advisers to include it in the "safe money bucket" of investments, Thomes said.

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