Insurers believe the independent broker-dealer channel is the most likely to see growing annuity sales in the next few years, a recent survey finds.
Secure Retirement Institute’s latest data shows third quarter total annuity sales were up 13% from Q2, but remain well below 2019 sales levels.
David Duford explains why this particular demographic provides a great opportunity for agents.
J.D. Power study shows State Farm ranks highest in individual life insurance while Nationwide, New York Life tie for highest in annuity.
Through first six months of 2020, total annuity sales were $104.4 billion, 16% lower than prior year, with fixed indexed annuities falling to lowest quarterly total since 2015.
Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.
Wink’s Sales & Market Report finds total deferred annuity sales only declined slightly in the first quarter of the year in spite of the coronavirus pandemic.
Alliance for Lifetime Income study finds 1 in 4 Americans have a lower risk tolerance for future retirement investments because of the COVID-19 pandemic.
Iowa becomes first state to formally adopt the NAIC’s updated model, which requires annuity agents to act in the best interest of clients.