Tuesday, December 19, 2006

 

Sales of VAs Bloom, Fixed Annuities Fade

Demographic and economic trends that favored variable over fixed annuities during the first three quarters of this year probably will continue in 2007, most industry experts say. The stock market is expected to continue to rise next year, helping VAs maintain their impressive sales gains, note observers.

Sales of VAs Bloom, Fixed Annuities Fade
Source: Investment News (subscription required)

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