Curious on which Annuity product/company people use most often as a go-to. Obviously every house is different and they have different needs but which one do people use the most and for what reason?
Most of my sales come off of concept selling safety and low fee ( around 1% or less if they're getting rate enhancement or glwb, ltc riders etc since if they're managed money it's definitely not an increase in fees and they're actually getting something for it, not to mention if its coming from a VA) or no fee, with competitive returns (but stress you likely won't keep up with the SP500 in long run for example because thats not what these are used for.)
With that being said looking to look into a few different companies that have competitive comp and good indexes/rates with alot of companies recently improving rates. As well as wondering what other people use in a house to their competitive advantage and finding good products for the client while still getting at-least a decent commission. For example Ive used alot of Sentinel past few years for good comp with on paper good back testing and PAR rates and an increase in cap rates with SP, but have heard some unpleasant rumblings about them recently. have used Athene in the past (biggest annuity issuer is a nice sale point) but they have been picky about accepting stuff in surrender and comp isn't as great. Have looked into F&G they have a good bonus and comp but haven't dived into their indexes yet.
Anyone have any recommendations to look into from what they like to use?
Most of my sales come off of concept selling safety and low fee ( around 1% or less if they're getting rate enhancement or glwb, ltc riders etc since if they're managed money it's definitely not an increase in fees and they're actually getting something for it, not to mention if its coming from a VA) or no fee, with competitive returns (but stress you likely won't keep up with the SP500 in long run for example because thats not what these are used for.)
With that being said looking to look into a few different companies that have competitive comp and good indexes/rates with alot of companies recently improving rates. As well as wondering what other people use in a house to their competitive advantage and finding good products for the client while still getting at-least a decent commission. For example Ive used alot of Sentinel past few years for good comp with on paper good back testing and PAR rates and an increase in cap rates with SP, but have heard some unpleasant rumblings about them recently. have used Athene in the past (biggest annuity issuer is a nice sale point) but they have been picky about accepting stuff in surrender and comp isn't as great. Have looked into F&G they have a good bonus and comp but haven't dived into their indexes yet.
Anyone have any recommendations to look into from what they like to use?