Value of Advisors Underscored by Annuity Program Pilot
July 27, 2017 by Cyril Tuohy
Early responses to a new direct-to-consumer (D2C) annuity pilot program in Arizona reveal that buyers want to talk to someone – or something – before committing to a long-term retirement investment.
The early findings in Nationwide’s Guarantees Retirement Income program raise new questions for insurance companies serious about expanding through the growing D2C channel to reach middle-income consumers directly online.
“People still want to talk to somebody, whether a family member or a professional,” said Eric Henderson, senior vice president of life insurance and annuities at Nationwide.
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