Annuity sales saw spike at end of 2020, as investors sought protection
Annuity sales spike as investors sought protection in Q4 Total U.S. annuity sales hit $58.7 billion in the last three months of the year, up 2% from the $57.6 billion during the same timeframe in 2019, according to data published by Limra’s Secure Retirement Institute. But sales were down for the full year. January 26, 2021 3 MINS Annuity sales saw a bump during the fourth quarter of 2020 as investors sought refuge from a volatile market and uncertain world. Total U.S. annuity sales hit $58.7 billion in the last three months of the year, up 2% from the $57.6 billion du...
Source: investmentnews.com