Individual Annuity Sales Continue to Grow: Wink
March 21, 2022 by Allison Bell
What You Need to Know
- [Structured] annuities were the growth leaders.
- MYGA sales fell.
- Traditional fixed annuity sales increased a little.
Annuity issuers and buyers favored products with the most flexible crediting rates in the fourth quarter of 2021.
Overall sales increased 8.1% between the fourth quarter of 2020 and the fourth quarter of 2021, to $61 billion, according to new issuer survey data from Wink.
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Originally Posted at ThinkAdvsior on March 17, 2022 by Allison Bell.
Categories: Wink's Articles