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Security, Safety Lead to More Record Breaking Annuity Sales

First quarter annuity sales numbers are in, and once again record highs have been reported.  Some financial experts are suggesting a desire for security and safety is the leading cause for the continued increase, according to a recent article from the Pittsburgh Post Gazette. “Annuity …

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Strong Year-End Annuity Sales Suggest Promise in 2019

The final 2018 market data for the U.S. annuity industry was recently released showing record quarterly highs for both fixed index annuity sales and variable annuity assets. According to a recent InsuranceNewsNet article, highlights from the data include: Total Annuity Sales Industry-wide annuity sales in …

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Wink Inc: MYGA, FIA Annuity Sales Soar

According to a recent survey conducted by Wink Inc., sales of indexed annuities and multi-year guaranteed annuity (MYGA) contracts were solid in the second quarter. On the other hand, figures show that traditional fixed annuity products are on the decline. Wink, a Des Moines, Iowa-based …

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Shorter Surrender Periods Improve Sales of Indexed Annuities

As the first-quarter numbers roll in, the data is showing that investors are especially attracted to indexed annuities with shorter surrender periods. Sales through banks and broker-dealers skyrocketed as these distributors prefer the shorter surrender periods due to the higher rates and caps that they …

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