Annuities sold at a brisk pace in the second quarter, setting the stage for a record year of sales, according to the Insured Retirement Institute.
Nationwide, second-quarter sales rose 10%, to $60.4 billion, compared to the second quarter of 2010, the Washington, D.C.-based industry group reported. Second-quarter sales were also up 4% from the first quarter.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access