Sales of fixed annuities trail off in the third quarter
December 26, 2009 – 7:40 amNY Life the top FA seller during the quarter, while Pacific Life finally cracked the top 10 — Sales of fixed annuities fell during the third quarter to $21.9 billion, reflecting a decline of 21% from the year-ago period, according to data from Beacon Research… During the first three quarters, total sales of fixed annuities were $84.5 billion, up 16% from the first three quarters of 2008… Investment News: Sales of fixed annuities trail off in the third quarter
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