Annuities News You Can Use: 'Quest for Certainty' is Growing Annuity Sales
Posted: March 1, 2013
'Quest for Certainty' is Growing Annuity Sales The appeal of fixed income annuities is growing, according to the not-for-profit organization Insured Retirement Institute (IRI). Figures released recently by IRI indicate that fixed annuities set a new sales record in the third quarter of 2012. Sales of fixed income annuities increased to nearly $2.4 billion in the third quarter, up 3.8% from $2.3 billion in the...