The US fixed index annuities (FIA) market has seen a rebound over the last three months despite a 27% fall year-on-year.

FIA sales have recovered by 10%, totalling US$13.2 billion while registered index-linked annuity (Rila) sales soared by 29% to US$6.3 billion from the previous quarter of 2020, according to the Secure Retirement Institute (SRI). Todd Giesing (pictured) , director of annuity research at Limra, said the gains in FIA sales can be attributed to operational issues caused by remote working being resolved in the third quarter. We saw the impact from the social distancing working remotely “Wh

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