Inflation, Increased Rates Boost Annuities Industry To New Heights

August 31, 2022 by Edward Hayes

Inflation and volatile equity markets have bedeviled Wall Street and policy makers, but one sector that doesn’t seem to be bothered by the adversity is the annuities industry.

Annuities have been enjoying record sales in recent months, and market watchers attribute much of the success to investors fleeing for safety in the face of a sinking equities market, preferring to move money to instruments with guaranteed returns and downside protection.

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Originally Posted at Financial Advisor on August 29, 2022 by Edward Hayes.