DOL Rule Delay Expected to Fuel 2018 Annuity Sales Spike
October 19, 2017 by Cyril Tuohy
The expected 18-month delay in the Department of Labor fiduciary rule will drive a healthy 2018 annuity sales rebound, analysts say.
New sales of individual U.S. fixed and variable annuities are forecast to grow 5 percent in 2018, LIMRA analysts said. In the spring, before the delay was announced, LIMRA forecast up to a 15 percent drop in fixed and variable sales.
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Originally Posted at InsuranceNewsNet on October 18, 2017 by Cyril Tuohy.
Categories: Industry Articles