Indexed annuities sales at banks hit record high
September 3, 2013 by Maria Wood
Second-quarter statistics from the Bank Insurance & Securities Research Associates (BISRA) underscore the continued sales growth of indexed annuities.
In Q2, indexed annuities sales through banks and credit unions maxed out at a record high of $1.06 billion, one-third higher than in the first quarter and two-thirds above the number recorded a year earlier in the same quarter. Further, according to BISRA, indexed annuities accounted for one-third of all bank-sold fixed annuities for the first time.
Originally Posted at LifeHealthPro on August 30, 2013 by Maria Wood.
Categories: Industry Articles
