Pandemic contributes to 24% drop in Q2 annuity sales

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Insurance Forums - Aug 19, 2020

Total annuity sales were $48.6 billion in the second quarter, down 24% from second quarter 2019, according to final results from the Secure Retirement Institute (SRI) U.S. Individual Annuity Sales Survey. “The global pandemic presented unique challenges to annuity distribution in the second quarter....

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