Annuity sales off to strong start in 2021
Secure Retirement Institute: Strong economic factors drive first quarter annuity sales growth; RILAs continue hot streak
Annuities
Annuity sales poised for most growth among IBDs: Survey
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.
Annuity sales in Q3 up over last quarter but still lag last year’s pace
Secure Retirement Institute’s latest data shows third quarter total annuity sales were up 13% from Q2, but remain well below 2019 sales levels.
Why new agents should sell to Baby Boomers
David Duford explains why this particular demographic provides a great opportunity for agents.
Life insurance customer satisfaction flatlines despite pandemic
J.D. Power study shows State Farm ranks highest in individual life insurance while Nationwide, New York Life tie for highest in annuity.
Pandemic contributes to 24% drop in Q2 annuity sales
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.
Pandemic, low interest rates combine to cripple Q2 annuity sales
Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.
Annuity sales forecast dark for 2020, brighter for 2021
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.
Deferred annuity sales hang tough in Q1 despite effects of COVID-19
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.
Dramatic shift in retirement investment risk tolerance could be boon for annuities
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.
