Selling fixed annuities has been one of the real success stories of bank investment programs. Can underwriting the investments be far behind?

In a fixed annuity, an underwriter pays out income based on an interest rate it guarantees to the annuity contract holder. Fixed annuities don't come with life insurance, so underwriters don't have to take bets on how long people will live.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.