What Levels of Commission do Agents Earn on Annuities?
For some unknown reason, the topic of annuity commissions has really never been addressed. I’m not sure of there is some hidden code of secrecy in the industry, or if agents just don’t want their clients to know. The annuity industry has earned their bad reputation with unregulated sales practices, along with ultra complex products like variable and indexed annuities. Hopefully, that will change in the future, and I think it is as important for the industry to be upfront and transparent about how the selling agent gets paid, and how much.