Bank sales of annuities may have started out the year on the wrong foot—January was down 24% on an already weak December—but they fought back, rising 15% in February and again by 28% in March, according to the Kehrer-Jackson Monthly Bank Annuity Sales Survey.

March annuity sales through banks totaled $3.3 billion, strong in both fixed and variable products, something Kehrer-LIMRA, the publisher of the report, says is a rare occurrence.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access