Sales of equity-indexed annuities comprised nearly 30% of all annuities sold last year, up nearly 500% since 2002, according to a recent survey.[@@]
Financial Research Corp. and Beacon Research, both of Boston, conducted the study, which examined EIA sales strategies for insurers and wholesalers.
Sales of these products accounted for nearly 30% of total annuity sales in 2004, up from just 6% in 2002, FRC reports.
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
