Fixed Indexed Annuity Sales Displacing Some VA Products at BDs
Although VA sales far outpace total annuity sales for broker-dealers, fixed indexed annuities account for 10% of BDs’ total annuity sales, IRI reports.
Fixed Annuity Sales Dip in Q3: IRI
Fixed annuity sales cooled in Q3 from a five-year high while variable annuity total sales remained stable, according to IRI's Q3 2014 Annuity Sales Report.
Retirement Income Experts Convene at IRI Conference
Political analyst Stuart Rothenberg will discuss the current political landscape of the retirement industry.
Annuity Sales Hit 3-Year High: IRI
Citing Beacon Research and Morningstar, IRI said both fixed and variable annuities had the highest sales in three years.
Indexed, Income Annuity Sales Beat Quarterly, YTD Records
Beacon Research announced Monday that annuities in several categories broke sales records in the third quarter.
New Hire Roundup: CFPB Names Antonakes Deputy Director
Justin Frys became a branch manager for Zeigler in Minnesota, and Chad Parks joined Beacon Research as sales director.
Rising Rates Boost Q2 Annuity Sales
Morningstar and Beacon Research report increases in both fixed and variable annuity sales.
Deferred Income Annuity Sales Reach Record
It's the fifth consecutive quarter in which they increased, climbing nearly 150% from a year ago.
Variable Annuity Sales Slide as Income Annuities Reach Record
Overall VA sales trended downward compared with 2011, but were relatively even with 2010 levels.
Fixed Annuities Near Record Sales
Indexed annuity sales increased 8.3% from the first quarter to the second, Beacon Research reported.