Annuities Are Becoming More RIA-Friendly
September 23, 2020 by Ginger Szala
Insurance companies have long beat the drum of annuities, which have met resistance from advisors on several fronts, the largest being, ‘How do I get paid?” according to David Lau, founder of DPL Financial Partners, who was one three experts on the “Annuities, Past, Present and Future” panel during the Morningstar digital annual conference on Thursday.
Moderated by David Blanchett, Morningstar’s head of retirement research, the panel looked at products from a retail, RIA and defined contribution standpoint. The group explored what has changed to make these products more attractive to advisors than they had been in the past.