Wednesday, May 19, 2010

Annuity Sales Show a Decline

Annuity sales in the first quarter declined 27% from the year-ago period, but sales of variable annuities rose modestly, a sign that investors appear to be stepping back into the market...

Sales of annuities in the first quarter were $47.4 billion, down from $50.9 billion in the fourth quarter; they were down 27% from $64.4 billion in the first quarter of 2009, the group said...

WSJ: Annuity Sales Show a Decline

No comments:

Post a Comment