Insurers Report Strong 1Q Annuity Sales
May 15, 2018 by Cyril Tuohy
After several uneven quarters for annuity sales, insurers are reporting a strong first quarter in earnings calls.
Official sales statistics for the overall market are expected next week, but across several top annuity sellers a peek into their sales numbers augurs well.
Annuity sales got a shot in the arm from regulatory developments in the first quarter. The Department of Labor had postponed the full Jan.1 roll-out of its fiduciary rule until July 2019. Then, an appeals court on March 15 invalidated the rule.
Click HERE to read the full story via INN; subscription required.
Wink’s Sales & Market Report is expected to report by the end of the month.