Tuesday, May 18, 2010

 

AnnuitySpecs: Q1 Indexed Annuity Sales Off 4%

Sales of indexed annuities fell slightly in the first quarter from the total for the first quarter of 2009, an annuity tracking service says. Sales amounted to $6.8 billion in the first quarter, according to AnnuitySpecs.com, Des Moines, Iowa.

That figure is down 4% from $7.1 billion in the comparable period in 2009, the firm says. First-quarter sales were also 3% lower than in the fourth quarter of 2009...

NU: AnnuitySpecs: Q1 Indexed Annuity Sales Off 4%

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