Filed Under:Annuities, Fixed Indexed

DIAs to experience strong growth

New research from the Insured Retirement Institute finds

Retirement can be a longer road than many expect. (AP Images)
Retirement can be a longer road than many expect. (AP Images)

Deferred income annuities (DIAs) are poised to pick up steam this year and next, solidifying their presence in the annuity marketplace due to their unique ability to protect against longevity risk.

A recent research paper by the Insured Retirement Institute (IRI) anticipates that DIA products will be the fastest growing annuity product in terms of sales on percentage in 2013 and 2014, after reaching an estimated $1 billion in sales during 2012.

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Nichole Morford

Nichole Morford
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