2019 annuity sales reach highest level since 2008
Fixed indexed annuity sales break all-time record thanks to strong performance in the first half of the year, according to Secure Retirement Institute data.
Expect solid growth for indexed annuities through 2023
New sales forecast from LIMRA’s Secure Retirement Institute predicts IA sales will continue to drive sales growth while variable annuities see further declines before rebounding in 2022.
Fixed annuity sales on the rise so far in 2018
Industry-wide annuity sales up slightly according to IRI’s First Quarter 2018 Annuity Sales Report.
Broker-Dealers embracing Fixed Indexed Annuities as demand grows
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) on July 20 released a new research report showing that fixed indexed annuities (FIAs) are becoming...
NAFA searching for new leader to tackle long-term goals
Chip Anderson will be stepping down after three years as fixed annuity association hopes to have a new Executive Director on board in time for its mid-June leadership conference. NAFA is also urging financial professionals to tell Congress to pass the Retirement Enhancement and Savings Act (RESA) before the upcoming budget deadline of March 23.
Indexed annuity sales set records in 3Q: Wink
Non-variable annuity sales for the third quarter of 2018 increased 4.72% as compared to the prior quarter, and improved 0.46% as compared to the same period last year, based on preliminary sales by Wink’s Sales & Market Report released on Nov. 14.
Annuity proponents praise bill that would make it easier to include annuities in retirement...
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
2014 indexed annuity sales break previous record by 21%
PLEASANT HILL, Iowa – Total 2014 fourth quarter indexed annuity sales came in at $11.9 billion, up 4% when compared to the previous quarter...
First and foremost, consumers buy annuities to create retirement income
New LIMRA SRI study of annuity owners finds the top two reasons consumers buy annuities are to supplement Social Security/pension income and to receive guaranteed income payments for life. Two-thirds of pre-retirees say having enough money to last their lifetime is one of their top three goals of retirement.
Fixed annuity sales fall in Q1, but variable annuity sales rise
Secure Retirement Institute report also finds registered index-linked annuities break quarterly sales record, topping $5 billion.