The innovative annuity product that offers low-risk growth
January 29, 2016 by Robert Dechellis
Americans with a large nest egg are feeling protective of their precious retirement savings in these post-recession days.
That’s according to a recent survey by Allianz Life. With the unpleasant memory of 2008’s steep market losses still in mind, high-net-worth investors say they’re looking for protection as they scan the horizon for an alternate place to put their money.
Of the 1,000 respondents polled by Allianz Life — individuals over age 25 with $250,000-plus in investible assets — 82 percent say they would be more comfortable investing if they knew there was some protection against loss. Furthermore, over half (70 percent) would be willing to give up some financial gain to better protect their retirement assets.
Wink’s Note: We do not currently track or report sales on index variable (IVA) products.
