Guaranteed features propel indexed-annuity sales
June 6, 2014 by Darla Mercado
Just as living benefits helped drive broker-dealers’ variable annuity feeding frenzy years ago, these guaranteed features appear to be propelling firms’ sales of indexed annuities.
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Total first-quarter sales of indexed annuities hit $10.9 billion, according to data from Wink Inc.’s sales and market report, up by about 39% compared to the year-earlier period.
Wink’s note: Wink does not charge carriers to submit data for their research, therefore, Wink compiles an accurate report of current market data.
Originally Posted at InvestmentNews on June 6, 2014 by Darla Mercado.
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