If you want evidence that annuities are a hot business at banks, just listen to Michael McCoy, senior vice president of Security First Group.

The Los Angeles company - known until last week as the Holden Group - is on track to post $150 million in annuity sales this year, up 25% from last year. And so far this year, the company has captured 14 new bank clients, boosting its roster to 96.

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