A look behind annuity numbers as sales explode

August 14, 2024 by Doug Bailey

Sales of annuities, the once largely disparaged investment instrument, have been off the charts for the last several years. Consumers, mostly retirees or those close to retiring, have turned to annuities in record numbers, fueled by the seemingly reassuring financial features but also by the insurance companies that heavily market them and are eager for the fees and commissions they carry.

How gangbusters are the sales?

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Originally Posted at InsuranceNewsNet on August 13, 2024 by Doug Bailey.