By Cyril Tuohy – InsuranceNewsNet – May 29, 2018
Here’s some good news for agents selling fixed annuities: the products paid a bit more in the first quarter than they did last year. Agents selling indexed annuities did well on two fronts: not only did indexed annuity commissions rise, agents sold a lot more indexed annuities, compared with the year-ago quarter, and compared to Q4 ‘17, Wink reported.
With regulatory challenges now behind them, indexed annuity sales are expected to resume with momentum, and possibly break sales records set in 2016, analysts said.
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