VA sales up, fixed annuities down: LIMRA report
Low interest rates drove investors away from some products, but that may change, according to the organization's Secure Retirement Institute
Investors favored variable annuities during the first quarter, with many seeking higher returns amid an extremely low interest-rate environment, according to a report today from Limra’s Secure Retirement Institute.
Total VA sales hit $26.5 billion, up 16% from the $22.8 billion sold during the
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