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: Structured Settlements 4RealLIMRA... "46% Jump in Fixed Annuity Sales" Q2 2008
By John Darer
Fixed-annuity sales reached $26.2 billion for the quarter and $47.6 billion year-to-date as of June 30.
The contractual guarantees inherent in structured settlements, Single Premium Immediate Annuities (SPIA) and other deferred annuities, such as defined benefit annuities/deferred income annuities are attractive as an investment alternative. For more on Structured Settlements Compared to Investment Alternatives click the highlighted title to the left.
Given the current volatility it is not surprising that variable annuities are down 12%.Notable is that banks moved the most product among the distribution channels, selling $25.8 billion in annuities year-to-date, a 31% increase.
LIMRA's U.S. Individual Annuities study, authored by Dan Q. Beatrice "reports industry annuity sales and net flows on a quarterly basis. Sales are tracked for a comprehensive range of annuity product types such as variable annuities, fixed deferred annuities including indexed annuities, market value adjusted annuities, and book value annuities, as well as immediate annuities and structured settlements".4structures.com, LLC has the resources to assist you with many types of fixed annuities such as:
- Structured Settlement Annuities for income tax free structured settlements
- Defined Benefit Annuities
- Deferred Income Annuity
- Structured Sales
- Terminal Funding
- Funding Agreements
- Non Qualified Structured Annuities for tax deferred structured settlements
For more information call toll-free 888-325-8640
Full post as published by Structured Settlements 4Real on September 04, 2008 (boomark / email).
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