Clients Have Unrealistic Investing Expectations: IRI Advisor Counci
June 15, 2021 by Allison Bell
Members of the Insured Retirement Institute’s Advisor Council see television shows giving some clients unrealistic expectations about financial returns.
The Washington-based annuity industry group talks about that challenge in the latest IRI State of the Industry Report.
Market Snapshot:
The heart of the report is a compendium of annuity market data.
IRI says, for example, that individual fixed annuities accounted for about $104 billion in U.S. sales in 2020, or 50% of the total U.S. annuity market, but that fixed annuities’ share of the market was down from 52% in 2019.
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