The final 2018 market data for the U.S. annuity industry was recently released showing record quarterly highs for both fixed index annuity sales and variable annuity assets. According to a recent InsuranceNewsNet article, highlights from the data include: Total Annuity Sales Industry-wide annuity sales in …
Second quarter annuity sales results were recently released by LIMRA Secure Retirement Institute in their Second Quarter U.S. Annuity Sales survey. Fixed Index annuity products broke sales records during the second quarter. Ironically, last week I blogged about the anticipated 30% decline in fixed indexed …
Indexed annuity sales have been growing steadily for almost a decade, but according to many experts the growth is likely to end this year. Investment News’ Greg Iacurci wrote that “Indexed annuity sales (are) projected to plummet 30% because of (the) DOL fiduciary rule.” Some …
In this post-DOL fiduciary rule time, the annuity industry will certainly change, but in some ways will still remain the same. In the Financial Planning article “How will annuities fit in portfolios in a fiduciary world?,” Chris Orlando says that there is still an important …
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