Filed Under:Annuities, Suitability

Sales of fixed annuity products jump in Q2

According to new data from Beacon Research

A beacon of light for the fixed annuity industry (AP Images)
A beacon of light for the fixed annuity industry (AP Images)

Propelled by an improved interest rate environment, second-quarter fixed annuity sales posted sequential gains for the first time in two years.

According to a recent study conducted by Beacon Research, rising interest rates coupled with the steepest yield curve in close to two years afforded carriers the opportunity to increase the rates they offered on fixed and indexed annuities.

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Nichole Morford

Nichole Morford
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