{"id":64901,"date":"2023-03-14T09:49:35","date_gmt":"2023-03-13T22:49:35","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=64901"},"modified":"2023-03-14T09:49:35","modified_gmt":"2023-03-13T22:49:35","slug":"risk-market-inflows-rise-individual-lump-sum-sales-dip","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/03\/14\/risk-market-inflows-rise-individual-lump-sum-sales-dip\/","title":{"rendered":"Risk Market Inflows Rise; Individual Lump Sum Sales Dip"},"content":{"rendered":"<p>While risk premium inflows rose by 3.4% in the year to September 2022, overall annual sales in the risk market fell 8.5%, mainly due to reported group risk sales finishing down more than a quarter, according to <a href=\"https:\/\/www.pflresearch.com\/\" target=\"_blank\" rel=\"noopener\">Plan for Life&#8217;s<\/a> latest data.<\/p>\n<p>The Actuaries and Research firm&#8217;s latest <em>Market Overview<\/em> says that in the individual risk lump sum market, year-on-year inflows were up only slightly by 1.3%, while annual individual risk lump sum sales decreased by 3.2% to $1,223.7 million. (Also see:<a href=\"https:\/\/riskinfo.com.au\/news\/2022\/11\/29\/strong-ip-growth-latest-data\/\" target=\"_blank\" rel=\"noopener\">Strong IP Growth -Latest Data<\/a>).<\/p>\n<p>Plan for Life says that in the individual risk income market, overall individual risk income inflows rose 4.8% over the past year to reach $3,235.8 million.<\/p>\n<p>Year-on-year new risk income sales remained little changed, up just a marginal 0.7% to reach $545.3 million, the firm says.<\/p>\n<p><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-64937\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one.png\" alt=\"\" width=\"965\" height=\"459\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one.png 965w, https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one-300x143.png 300w, https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one-768x365.png 768w, https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one-696x331.png 696w, https:\/\/riskinfo.com.au\/news\/files\/2023\/03\/pfl-this-one-883x420.png 883w\" sizes=\"auto, (max-width: 965px) 100vw, 965px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While risk premium inflows rose by 3.4% in the year to September 2022, overall annual sales in the risk market fell 8.5%, mainly due to reported group risk sales finishing down more than a quarter, according to Plan for Life&#8217;s latest data. The Actuaries and Research firm&#8217;s latest Market Overview says that in the individual [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":64940,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-64901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/64901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=64901"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/64901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/64940"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=64901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=64901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=64901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}