Bolstered by the highest fixed annuity sales since the second quarter of 2009, industrywide annuity sales reached $57.5 billion during the third quarter of 2013, according to data from Morningstar, Inc. and Beacon Research.
Industrywide annuity sales in the third quarter of 2013 increased 5.5% from $54.5 billion in the previous quarter and an 8.7% increase from $52.9 billion in the third quarter of 2012.
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