Variable annuity sales, after falling 26% in the first six months of last year, perked up enough to erase some of those losses for the entire year, LIMRA reported.

Fixed annuities continue to outsell variable annuities, as people fear the rocky stock market.

For the second quarter in a row, fixed annuities outsold variable annuities $35.6 billion to $30.7 billion, …  Read →