Wednesday, March 14, 2007

 

Better CD Rates, Regulatory Ruckus Cause Drop in Equity-Indexed Annuity Sales

Fourth-quarter 2006 sales of index annuities in the United States declined about 8% to $6 billion from the same quarter a year ago, while overall 2006 sales were down 7% from 2005, according to Advantage Compendium, a firm that tracks the data.

Better CD Rates, Regulatory Ruckus Cause Drop in Equity-Indexed Annuity Sales
Source: A.M. Best (subscription required)

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