Here Is Annnuities’ Worst Enemy

September 11, 2019 by Allison Bell

State and federal policymakers are still debating new sales standards proposals that could affect financial professionals who help clients with annuities, and still implementing the new sales standards that have already been adopted.

Members of the Insured Retirement Institute and the National Association of Insurance and Financial Advisors are meeting this week, partly to talk about the U.S. retirement savings gap.

The Alliance for Life Income (ALI) — an annuity issuer outreach group — recently released survey data that casts some light on the client side of the conversations.

ALI commissioned a survey that included 3,119 U.S. adults ages 25 to 74, including 2,500 who were not retired.

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Originally Posted at ThinkAdvisor on September 10, 2019 by Allison Bell.