Where Individual Annuities Fit in the Retirement Pie
August 27, 2019 by Allison Bell
When members of Congress return from their summer recess, you’re supposed to be asking them to vote for the Secure Act bill, the RESA bill, or some other bill that contains provisions for expanding and improving employer-sponsored retirement plans.
There’s not much, if anything, in those bills aimed at increasing consumers’ access to, or interest in, individual annuities.
Why is it so hard to get people’s attention, even inside the financial services industry, and even from companies that issue billions and billions of dollars in individual annuities?
One possible reason: Your market is kind of small.