LIMRA: Most Advisors Favor Including Annuities in Clients’ Portfolios
July 9, 2012 by Warren S. Hersch
June 28, 2012 •
More than half of insurance and financial professional believe that a segment of their clientele should have annuities as part of their investment portfolio, according to a new report.
The study, published by LIMRA, Windsor, Conn., says that 55% of advisors whose clients typically have less than $500,000 in investable assets believe that annuities should be included in their financial portfolios.
“Our study found that the majority of advisors feel longevity—outliving their assets—to be the greatest risk facing their clients,” says Matthew Drinkwater, associate managing director, LIMRA’s retirement research. Click here to read more…
Originally Posted at LifeHealthPro on June 28, 2012 by Warren S. Hersch.
Categories: Industry Articles
