Friday, April 18, 2008
Insurance Industry Must Rethink Approach to Annuities to Build Consumer Trust and Grow Share of Retirement Assets
With over 20 percent of the U.S. population expected to be over the age of 65 in 2025, there is a growing need for financial products that can guarantee an income stream during retirement – a need insurance companies should be well-positioned to meet with annuity offerings. Yet new research from TowerGroup finds that in order to capture a larger slice of the retirement asset market, insurers must make strategic changes in their approach to annuities to reduce product complexity and improve both the sales process and suitability screens.
Insurance Industry Must Rethink Approach to Annuities to Build Consumer Trust and Grow Share of Retirement Assets
Source: Business Wire
Insurance Industry Must Rethink Approach to Annuities to Build Consumer Trust and Grow Share of Retirement Assets
Source: Business Wire
Permalink posted by armandn @ 8:51 AM 
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