Annuity Buzz
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We all witnessed the economic volatility during the panic phase of the COVID-19 pandemic. Future market direction will depend on news of virus containment and the governmental response. For investors with a long enough time horizon, the best action in this kind of situation has always been to stay the course.
Mark MacGillivray has been promoted to director of Financial Institutions. He’ll be working with our teams to proactively seek out new broker-dealers and banks for the Individual Annuities business line at The Standard.
When markets are shaky, clients may say they’re waiting for interest rates to rise before taking financial steps like buying an annuity. Use our Cost of Waiting approach and flyer to show how they might be missing out.
Rich Lane
Vice President of Sales and Marketing, Individual Annuities
We’re implementing some changes to our processes to make it easier for you to do business with us through the challenges of COVID-19 social distancing. Starting now through June 1, 2020, we are implementing numerous business accommodations.
We’ve updated our suitability form with a question that asks why a client wants to exchange or replace an annuity.
As the scope and complexity of the coronavirus/COVID-19 crisis deepens, The Standard is navigating the challenges with the same expertise and disciplined financial approach that has driven our success for 114 years. Read how we’re staying strong and share our flyer with your clients.
If clients are waiting for interest rates to go up before buying an annuity, they may be missing out. We’ve done the math to show that waiting may not be the smartest move.
Help clients get their recurring annuity payments on time, every time. Electronic Funds Transfer makes that happen.
Do you want to give your clients an opportunity to participate in market growth with the safety of downside protection? Then take another look at our Index Select Annuity.
Rich Lane
Vice President of Sales and Marketing, Individual Annuities