Q2 Buffered Annuity Sales Running ‘Neck and Neck’ with Traditional VAs
September 4, 2024 by Cyril Tuohy
High interest rates and demand for products with some downside protection helped sales of [structured] annuities edge out traditional variable annuities again in the second quarter, according to new research.
April-through-June sales of the [structured] annuity product line, also known as registered index-linked annuities (RILAs), or [buffered variable] annuities, rose 44.6% from a year ago to $15.6 billion, report market research firm Wink.
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Originally Posted at Life Annuity Specialist on August 28, 2024 by Cyril Tuohy.
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