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More growth projected for fixed indexed annuities

The fixed indexed annuities market has seen plenty of growth in recent years and even more is in store, according to Oliver Wyman.

By Lisa Barron | Updated on June 04, 2014

The fixed indexed annuities market has seen plenty of growth in recent years and even more is in store, according to Oliver Wyman.

From 2007 to 2013, FIA annual sales growth averaged nearly 8 percent; their share of the overall annuity market jumped from 9.7 percent 17 percent, the management consulting firm said in a report.

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