In the News

Title

Conditions fertile for annuities if industry can connect with investors

Document Type

Article

Publication Date

2-1-2017

Abstract

Most investors want guaranteed, pension-like income yet are reluctant to buy an investment that can provide it: an annuity.

That reluctance, the so-called annuity puzzle, may be closer to being resolved as a combination of factors — fewer sources of sufficient retirement income amid low interest rates, greater longevity and regulation — come together in ways that may tip the scales in favor of annuities if certain impediments are eliminated.