In the News

Title

Have annuity sales bottomed out?

Document Type

Article

Publication Date

11-29-2017

Abstract

Annuity sales have fallen to their lowest point in well over a decade, but industry experts believe a turnaround is at hand.

Sales among all annuity products in the third quarter were $46.8 billion, the first time since 2002 that quarterly sales have dipped below $50 billion, according to the Limra Secure Retirement Institute, which tracks insurance products.

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