Don’t Let Record Sales Fool You: The Annuity Industry Is Stuck

May 2, 2023 by Michael Kazanjian

Annuity sales reached an all-time high last year.

But scratch below the surface, and you’ll see the industry’s core remains stagnant.

Given last year’s rising interest rate environment and market volatility, it’s not surprising that many investors turned to certain types of annuities.

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Originally Posted at ThinkAdvisor on April 26, 2023 by Michael Kazanjian.