Updated Thursday, April 17, 2014 as of 2:44 AM ET
Portfolio - Annuities
Indexed and Income Annuities Up For the Second Quarter
Bank Investment Consultant
Thursday, September 6, 2012

Indexed annuity sales increased 8.3% and income annuities were up 6.1% in the second quarter, according to Beacon Research. It was the second-best quarter ever for those product types, Beacon said in a press release. Total fixed annuity sales were also up, but with a more muted 1% gain in the quarter. And they declined 17.2% from the year-ago period.

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