07.27.22
Consumer Interest in Asset Protection May Be Falling
by: Allison Bell
An Allianz Life survey found that U.S. adults’ interest in products that protect savings from loss might be waning. About 60 percent of the 1,004 people the company polled in June said they think it’s important to have some retirement savings protected from loss, down from 64 percent in May 2021 and 72 percent in May 2019. At the same time, 65 percent of the participants in the latest survey said they are keeping more money than they should out of investment markets altogether.
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