By Greg Iacurci – InvestmentNews – June 11, 2018
Fixed-rate deferred annuities are poised for a huge jump in sales over the next two years, as rising interest rates and a potentially faltering equity market push consumer money into the products at near-record levels. LIMRA, which tracks annuity data, projects fixed-rate deferred annuity sales will increase 15% to 20% year-over-year in 2018, and an additional 20% to 25% next year.
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