Sales of non-variable fixed annuities neared $100 billion in 2016: Wink’s

March 30, 2017 by Editorial Staff

Total fourth quarter non-variable deferred annuity sales were $21.0 billion; down nearly 8% from the prior quarter, and down almost 14% from the same period a year prior, according to Wink’s Sales & Market Report for the fourth quarter of 2016. Overall non-variable deferred annuity sales for 2016 were $96.9 billion.

Since 2015, the Wink report has included all non-variable deferred annuities, including indexed annuities, traditional fixed annuities, and multi-year guaranteed annuities (MYGA) product lines.

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Originally Posted at Retirement Income Journal on March 30, 2017 by Editorial Staff.