Fixed annuity sales cool, variable annuity sales stable

December 16, 2014 by Daniel Williams

Data from Beacon Research and Morningstar, Inc. is in and Q3 2014 news on annuity sales is not all peaches and cream. Total annuity sales hit 56.9 billion, a five percent decline from the previous quarter and a one percent drop from the same period a year ago.

According to a report released by the Insured Retirement Insititute (IRI), “variable annuity sales were flat in the third quarter of 2014, coming in at $35.2 billion. Click here to read…

Originally Posted at LifeHealthPro on December 11, 2014 by Daniel Williams.