
Annuity cash flows perk up in 3Q 2013: DTCC
Net flows into annuity products nearly doubled in the third quarter, to $4.4 billion from $2.3 billion in the second quarter. Outflows fell to 20.6 billion from $21.1 billion, a decline of over 2%, according to Analytic Reporting for Annuities, a service of DTCC.
