U.S. fixed indexed annuity sales on growth course
August 17, 2015 by Peggy Bresnick
While overall annuity sales are stalling, fixed indexed annuities continue to gain momentum.
For instance, industry-wide annuity sales in the U.S. during the first quarter of this year reached $52.7 billion, which represented a 6.9 percent decrease from $56.6 billion in the previous quarter. This is according to sales results for the U.S. annuity industry compiled by The Insured Retirement Institute (IRI), based on data from Beacon Research, an independent research company and application service provider and Morningstar, Inc., provider of independent investment research. Click HERE to read article