Indexed annuity sales have best-ever quarter in Q2: Limra

August 23, 2016 by Greg Iacurci

Fixed indexed annuity sales in the second quarter were the highest on record, according to Limra, as low interest rates continue to push investors away from more traditional fixed-income investment options.

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According to data from Wink Inc., another tracker of fixed indexed annuities, the second quarter represented fixed indexed annuities’ second-best quarter of all time with $15.51 billion in sales. (Wink data show the fourth quarter of 2015 as No. 1.)

Originally Posted at InvestmentNews on August 17, 2016 by Greg Iacurci.