Industry-wide annuity sales up 13 percent year over year
June 13, 2014 by Lynette Gil
Industry-wide annuity sales are up 13.1 percent year over year with sales during the first quarter reaching $56.1 billion. When compared with the first quarter of 2013, sales totaled $49.6 billion, according to data reported by Beacon Research and Morningstar, Inc. published in a press release by the Insured Retirement Institute (IRI).
“Combined annuity sales across the marketplace are well above the pace set in 2013,” said Cathy Weatherford, IRI President and CEO.
Originally Posted at LifeHealthPro on Jun3e 12, 2014 by Lynette Gil.
Categories: Industry Articles
