Annuities News

Updated Friday, May 24, 2013 as of 6:13 AM ET

Portfolio - Annuities

Annuity Sales Weaken in 1Q

Sales of annuities declined in the first quarter, according to the latest annuities sales survey released Wednesday by LIMRA, an industry-funded research group.

Annuity providers generated $51.7 billion in first-quarter annuity sales, down 6% from a year earlier. Sales of variable annuities declined 4% year-over-over to $35.5 billion, while fixed annuities fell 11% to 16.2 billion. The sales figures mark the sixth consecutive quarter of declines for variable annuities and the eighth consecutive quarter of declines for fixed annuities, according to LIMRA. more »

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Variable Annuity Sales Too High, Lincoln Keeps Raising Prices

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The programs generated a generous $521.6 million in income for the banks in 2012, the most they have ever produced in the five years that such data has been collected. more »

Fund Firms Brace for Alt Influx

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Variable Annuities Sliding

As carriers move to adjust risk, sales taper off after three straight years of growth. more »

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Retooling a 115-Year-Old Advisor Firm

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Income Annuities Offer a Silver Lining in a Down Market

Income annuity sales set new quarterly record, increase for fourth-consecutive quarter; fixed annuity sales drop 11 percent compared to 2011. more »

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