November 15th, 2022
Latest Fed Rate Hike May Push Annuity Sales to Record Territory
“Giesing noted that LIMRA predicts FIAs will reach record sales levels this year and continue to improve all the way through 2025.
But gains in fixed-annuity sales come as variable annuity sales falter. In the first three quarters of 2022, VA sales fell 25% from the same period a year earlier…”
