Modest annuity sales boost expected from market turmoil

Stock market volatility is likely to produce an increase in annuity sales, but not on the magnitude it did after the 2008 financial crisis, said Sheryl Moore, CEO of both Wink and Moore Market Intelligence. “Anytime we see a drop in the market, we see an increase in indexed annuity sales,” she said. InsuranceNewsNet online (9/8)