High materiality8/10
Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
U.S. annuity sales surged to $385 billion in 2023. Interest rates falling may impact annuity demand and sales negatively. Aging population with 'Peak 65' could boost annuity reliance. In-plan annuity offerings are accelerating for retirement plans. Equitable reported $500 million inflows from BlackRock’s annuity product.
- U.S. annuity sales surged to $385 billion in 2023.
- Interest rates falling may impact annuity demand and sales negatively.
- Aging population with 'Peak 65' could boost annuity reliance.
- In-plan annuity offerings are accelerating for retirement plans.
- Equitable reported $500 million inflows from BlackRock’s annuity product.
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