Deferred income annuities gain momentum- Opinion
May 28, 2014 by Ed McCarthy
Deferred income annuities (DIAs) are hot. According to Windsor, Conn.-based LIMRA Secure Retirement Institute, total annuity sales in 2013 reached $230.1 billion, an increase of 5 percent of 2012.
Drill down in the data and you’ll find a surprising stat: the DIA category showed the strongest year-over-year percentage growth, up 113 percent. That result is somewhat misleading because the increase was based on a very small 2012 base value of $1 billion.
Originally Posted at LifeHealthPro on May 22, 2014 by Ed McCarthy.
Categories: Industry Articles