IRI Study: Investors Favor Summary Prospectus When Deciding on a VA
July 9, 2012 by Arthur D. Postal
June 26, 2012 •
Investors prefer to read summary prospectuses when determining whether to add variable annuities to their portfolios, according to a survey released today.
The survey, commissioned by the Insured Retirement Institute, Washington, D.C., found that investor demand for a variable annuity summary prospectus remains strong, with 95% of investors demonstrating a preference for a shorter paper summary prospectus.
In addition, 59% of investors state that having a short summary prospectus written in easy-to-understand language would positively their decision to consider a variable annuity as part of their investment portfolio, the survey found. Click here to read more…
Originally Posted at LifeHealthPro on June 26, 2012 by Arthur D. Postal.
Categories: Industry Articles
