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Home>Bank Annuity Sales Fall to Lowest Level Since 1999

Bank Annuity Sales Fall to Lowest Level Since 1999

Financial Planning News

Thu, 21 Mar 2013

In 2012, banks sold $29.6 billion in annuities, down 20% from 2011. Fixed annuities fell 33% to $11.9 billion, while variable annuities slipped 10% to $17.7 billion.

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