Insights | 09.02.20
Two-Thirds of RIAs Open to Recommending Annuities: Survey
Sixty-eight percent of RIAs say they would consider recommending annuities to clients who ask about them, according to joint research released by RetireOne and Jackson National Life Insurance Co. The remaining third of RIAs in the study said they would not recommend an annuity because of cost, lack of liquidity, or complexity. The research indicates that an increasing number of clients want to explore annuity protections for their portfolios during a period of uncertainty around the coronavirus. For their part, 62 percent of advisors anticipated a slow economic recovery from the global pandemic that will last a year or longer.
Read the full article on Think Advisor.