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.
Record Sales for Income Annuities in Q4 2011: Beacon
Setting a record, income annuity sales grew almost 18% in fourth-quarter 2011 and nearly 7% for the entire year, according to a Beacon Research annuity study.
Variable Annuities Set to Drive Industry to $150 Billion in 2011
Annuity sales fell in the third quarter from the second quarter, but are up from the same period one year ago by 5%, the Insured Retirement Institute announced on Nov. 8.
‘Flight to Safety’ Prompts Higher Fixed Annuity Sales
Second quarter fixed annuity sales overcame falling interest rates to post their second consecutive quarter-to-quarter increase. Beacon Research, which studies annuities, reports sales improved 8% from the prior quarter to $20.4 billion, and all but one product-type grew.
Fixed Annuity Sales Up for First Time in Two Years
Data released by Beacon Research found fixed annuity sales are finally turning around.
Fixed Annuities Enjoy 'Record Year' in 2010: Beacon
Following IRI's announcement Monday that variable annuities had a record year in 2010, Beacon Research reported Tuesday that fixed indexed and income annuities also broke sales records in 2010.
U.S. Sales of Fixed Annuities Saw 18% Jump in Q2
U.S. sales of fixed annuities totaled an estimated $19.4 billion in the second quarter, an 18% jump from first-quarter sales, according to Beacon Research's Fixed Annuity Premium Study released Monday.
IRI: Variable Annuity Sales at 'Record High'
Variable annuity sales posted record highs in the second quarter of 2010, the Insured Retirement Institute reports. A LIMRA report earlier this month also showed...
IRI: Variable Annuity Sales in Q2 at 'Record High'
Variable annuity sales posted record highs in the second quarter of 2010, the Insured Retirement Institute (IRI) reported Wednesday.
Fixed Annuity Sales Drop 51.9% in Year, IRI/Morningstar/Beacon Report Shows
Fixed annuity sales plummeted 51.9% in the first quarter of 2010 compared to a year ago, the IRI said in its first-ever quarterly annuity sales report, released Tuesday, May 18, with data provided by Morningstar Inc. and Beacon Research.