Updated Wednesday, July 29, 2015 as of 5:32 AM ET

Annuity Sales Down From Last Year

Annuity vendors have very little to cheer about so far this year. Annuity sales in the second quarter of 2012 totaled $57 billion, down 8% from the year-ago quarter, according to LIMRA's second quarter 2012 U.S. Individual Annuities Sales survey.

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