Annuities Are Coming to More Retirement Plans
Financial advisers have an opportunity to help their employer clients consider guaranteed income options for their defined benefit retirement plans as more employees want them. BlackRock and other large asset managers are adding more annuities to their employer-sponsored retirement plans because the Secure Act of 2019 reduces plan sponsors' concerns over legal liability. Here's what fina...
Gen X Takes a Closer Looks at Annuities
Annuity sales have been focused on retiring baby boomers, but advisers may be overlooking a key market if they only focus on people close to retirement. Members of Generation X are three times more likely than baby boomers to express extreme interest in purchasing an annuity as part of their retirement income plan, according to Protected Retirement Income and Planning Study from Alliance...
For Financial Advisers: Business Trends to Watch in 2021
ROGER WOHLNER, TheStreet, JAN 4, 2021 From virtual meetings and sustainable investing to succession plans, here are 2021 strategies for financial advisory firms. As we look ahead into 2021, it will be interesting to see what’s next for the financial advisory business. We saw changes in the financial advisory landscape in 2020 due to the COVID-19 pandemic. In some cases the pandemic accel...
