Advisors are key to a positive annuity purchase experience
September 3, 2024 by Ayo Mseka
With annuity demand expected to shatter records again this year, financial professionals should be prepared to discuss annuity options with their clients, especially since a recent survey from Nationwide shows that financial professionals play an important role in helping investors feel confident and have a positive annuity purchase.
What is fueling annuity growth?
The survey noted that investor interest in having downside protection, and a guaranteed retirement income, is driving soaring annuity sales – a trend further fueled by the largest surge of Americans turning 65 this year.
Click HERE to read the full story via INN
Wink’s Note: According to Wink’s Sales & Market Report, total second quarter sales for all annuities were $109.6 billion; sales were up 3.7% when compared to the previous quarter. All annuities include the multi-year guaranteed (MYG) annuity, traditional fixed annuity, indexed annuity, structured annuity, variable annuity, immediate income (SPIA), and deferred income annuity product lines.
