7/15/2013

First-quarter sales of indexed annuities totaled $7.8 billion, down 2.79% from the same period last year, writes Sheryl Moore of Moore Market Intelligence. "[W]e are facing industry-wide, historical-low interest rates. That is going to affect sales sooner or later, whether comparing to record sales or not," writes Moore, who predicts a rebound in indexed-annuity sales.

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