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    • RILAs Pop 88% In Sales, Continuing Shift To Variables

    June 9, 2021 by Steven A. Morelli

    Annuity sales continued their shift from fixed to variable products in the first quarter with registered index-linked annuities booming with an 88% jump from the first quarter of 2020.

    RILAs popped 9% over the previous quarter, as did traditional variable annuities, but VAs were down 1% compared with the year-ago quarter, according to the Secure Retirement Institute Individual Annuity Sales Survey.

    Click HERE to read the full story via INN

     

    Wink’s Note: Wink defines RILAs as structured annuities. Please click HERE to read Wink’s Sales & Market Report’s 1st Quarter, 2021 news release in June. 

    Originally Posted at InsuranceNewsNet on June 8, 2021 by Steven A. Morelli.

    Categories: Industry Articles
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