Investors look to annuities as bond market flags

07/29/2013 | InvestmentNews (free registration)

Investors, who pulled $60 million out of bonds last month because of uncertainty over the Federal Reserve's next moves on asset purchases, are eyeing annuities as a safe alternative. Sales of various annuity products saw a boost in July, but advisers who recommend them to clients should do their homework, according to this article.

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