Indexed annuity sales on track to reach $60 billion

December 2, 2016 by Kristen Beckman

Indexed annuity sales are on track to reach $60 billion for 2016, despite an 8 percent decrease in sales to $14.3 billion in the third quarter, according to data from Wink Inc.’s sales and marketing report.

Sales in the category were up 3 percent compared with last year, however.

The report includes third-quarter results from 50 fixed annuity providers and 56 multi-year guaranteed annuity companies. 

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Originally Posted at LifeHealthPro on December 2, 2016 by Kristen Beckman.