We have been patiently waiting for immediate annuity products to gain momentum and increase sales.
Can these products adequately compete with variable annuity living benefits? This session will review
current trends within this product line and discuss the inherent risks of these products.
Panelists will:
• Present an overview of product design trends (e.g., liquidity options);
• Discuss emerging issues regarding the mortality assumptions used in the development of these
products—i.e., whether we really have a handle on longevity risk;
• Discuss emerging markets (e.g., substandard annuities, longevity insurance, etc.) and risks
embedded therein; and
• Discuss the pros and cons of immediate annuities relative to variable annuity living benefits.