Thursday, February 18, 2010
Fixed annuity sales slid in '09
Fixed annuity sales slid in the fourth quarter of 2009 — and dropped off slightly for the full year... All told, fixed annuity sales last year topped $105 billion, according to data from Beacon Research Publications Inc. and the Insured Retirement Institute. That tally is just 2% below the record high reported in 2008.
For the final quarter of 2009, fixed annuity sales totaled $20.4 billion, down 8% from the previous quarter...
Investment News: Fixed annuity sales slid in '09
For the final quarter of 2009, fixed annuity sales totaled $20.4 billion, down 8% from the previous quarter...
Investment News: Fixed annuity sales slid in '09