Researchers Had To ‘Triple-Check’ Stunning 2Q Annuity Results
August 1, 2021 by Steve Morelli
Annuities boomed in the second quarter with fixed products showing a strong revival after several moribund quarters, according to early second-quarter sales results from the Secure Retirement Institute.
It is no surprise that variable annuities did well with a 55% quarterly increase year-over-year as equities markets grow steadily with less volatility. The offshoot registered index-linked annuities have been incinerating their sales records quarter after quarter, with a blazing 122% quarterly increase over the previous year.
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Wink’s Note: Wink’s quarterly, comprehensive sales report and market insights, Wink’s Sales & Market Report will publish the full 2nd Quarter, 2021 results at the end of August.
