Jackson Financial: Booming Annuity Sales, Slowing Stock Momentum (Rating Downgrade)

It was yet another banner quarter for annuity. According to LIMRA , US annuity sales soared 26% in Q2 to $109.9 billion, driven by a mix of traditional and more complex products. For the first half of the year, sales were up 20% from Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a na ...