5 Things Annuity Prospects Just Don’t Get
June 9, 2020 by Allison Bell
Financial professionals can’t control COVID-19, interest rates, or how eager life insurers are to guarantee that a consumer will receive an attractive stream of income payments.
But financial professionals can control one important annuity sales driver: whether consumers know how annuities work.
Analysts at Cannex Financial Exchanges Ltd. have published some data on what annuity prospects know, or think they know, in summaries of results from a survey of about 1,000 U.S. annuity prospects, and a related survey of 302 financial professionals