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Ruark Consulting Releases 2020 Variable Annuity Study Results
January 6, 2021 GMT
SIMSBURY, Conn. (BUSINESS WIRE) Jan 6, 2021
Ruark Consulting, LLC today released the results of its 2020 industry studies of variable annuity (VA) policyholder behavior, which include surrenders, income utilization and partial withdrawals, and annuitizations. Highlights are available on the company’s website at www.ruark.co.
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“We expected that 2020 behavior would be different,” said Timothy Paris, Ruark’s CEO. “By looking at industry-level data, we are better able to identify and quantify those differences – especially on current-generation products.”