Mutual fund sales outpaced those of annuities during the second quarter, and more of the same is expected through next year.

Data released this month by Kehrer-Limra shows mutual fund sales up 55.9%, to $10.6 billion, in the quarter compared with the previous one and variable annuity sales up 17%, to $10.3 billion. Variable annuity sales were down 19.5% from a year earlier, and mutual funds sales were down 31.2%, according to the Princeton, N.J., research firm.

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