CANNEX: Immediate Annuity Shoppers Look Younger
May 15, 2023 by Allison Bell
U.S. residents who were shopping for immediate annuities in the first quarter were almost a year younger than the shoppers who were looking for immediate annuities in the first quarter of 2022
The average age of the shopper described in an immediate annuity search fell to 67.4 years in the latest quarter, from 68.5 years in the year-earlier quarter, according to Cannex Financial Exchanges, a Toronto-based company financial services data firm.
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Originally Posted at ThinkAdvisor on May 11, 2023 by Allison Bell.
Categories: Industry Articles