Morningstar On Why Annuities Still Struggle To Gain Wide Acceptance

August 24, 2021 by Tracey Longo

Studies have shown that Americans can benefit from guaranteed income products (GIPs) in their retirement portfolios, but they are faced with a maze of complex product choices from an industry with regulatory and legal challenges.

In a new report, entitled “Are There Enough Annuities?” Morningstar laid out the challenges the industry faces in trying to encourage more Americans to “gipify.”

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Originally Posted at Financial Advisor on August 18, 2021 by Tracey Longo.