FIA sales skyrocket as VA sales wane
March 7, 2016 by Peggy Bresnick
The numbers don’t lie: Fixed indexed annuities (FIAs) are hot.
According to LIMRA Secure Retirement Institute’s U.S. Individual Annuities SalesSurvey for the fourth quarter, FIA sales enjoyed their best quarter — and year — ever. Whole-year 2015 FIA sales rose to an all-time high of $54.5 billion, representing a 13 percent increase over 2014 levels. FIA sales for the fourth quarter exploded to $16.1 billion, a whopping 32 percent higher than the same period of 2014.
Wink’s Note: For more exciting indexed annuity news, stay tuned next week for the latest release of Wink’s Sales & Market Report!
Originally Posted at Lifehealthpro on March 7, 2016 by Peggy Bresnick.
Categories: Industry Articles
