Pandemic Hurt Annuity Sales in 2020

By Wed, Mar 10, 2021

Annuity sales were buoyed in 2020 by a spike in purchases of registered index-linked annuities (up 38%) and fixed annuities (up 10%). Income annuity sales are north of $10 billion, but the once-imagined boom in SPIAs and DIAs hasn't occurred.

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