Subscribe

Annuity sales soared again in third quarter

stacks of cash flowing upward

Total annuity sales rose 27% to $79.6 billion in Q3, Limra reported, while fixed-rate deferred annuity sales came in 159% higher than in the same quarter last year.

Annuity sales broke another record in the third quarter as investor interest in guaranteed income and protection remained robust.

Total U.S. annuity sales increased 27% to $79.6 billion in the third quarter, the highest quarterly sales recorded since Limra began tracking annuity sales and ne

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

BlackRock piles on to buffer ETF trend

BlackRock's new ETF targets up to 100 percent downside protection over the course of a year while capping upside gains.

Europe a better place to visit than invest, advisors say

European stocks are inexpensive compared to US stocks and getting cheaper due to political turmoil.

Stocks may seem serene, but watch out for these risks

There is nary a bear in sight, yet advisors need to take geopolitical worries into account, says a Wellington-Altus stategist.

SSGA study shows financial advisors going for the gold

Gold has been shining in the past year and advisors are taking notice.

Whatever happened to all those Fed rate cuts Wall Street promised?

A Loomis Sayles fixed income strategist explains what happened and offers guidance on what investors can expect in the second half of 2024.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print