FYI: Fixed-rate annuities sales are projected to soar as high as 35 percent over the next five years, with variable annuities sales hitting 15 percent, according to new research from LIMRA Secure Retirement Institute (LIMRA SRI)
The group predicts that while both income-focused annuity product sales and accumulation-focused annuity product sales will grow in the next five years, accumulation-focused annuity product sales will grow at a much faster pace.
Regards,
Ted
https://www.fa-mag.com/news/annuities-sales-set-to-soar-35--over-next-10-years--limra-says-44558.html?print
