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Sales of Single-Premium Immediate Annuities Expected to Set Record

Saturday, Mar 14 2015

News Roundup

Written by PFA News

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Investors are expected to pump $10 billion into single-premium immediate annuities this year, which would be a record high for the products. So reports Financial Advisor.

The products are popular for protecting assets when individuals are expected to face lengthy stays in healthcare facilities such as nursing homes.

Read the full article from Financial Advisor.

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