Annuity sales fell below the $50 million mark in the 3rd quarter of 2017 – dropping to a 15-year low – according to a study by the LIMRA Secure Retirement Institute.  Initial implementation of the Department of Labor’s (DOL) fiduciary duty rule on June 9th was partly to blame, say researchers, particularly regarding IRA contracts for variable annuities.  The study, entitled Third Quarter 2017 U.S. Retail Annuity Sales Survey, can be found at www.limra.com.