Research Shows Workers Favor Guaranteed Income Over Financial Wellness Tools

Research Shows Workers Favor Guaranteed Income Over Financial Wellness Tools

- in Advisors, Annuities, Contributors, Featured, Income, Retirement
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Retail sales of annuities have been booming on higher interest rates even as new data shows that workers want lifetime income products more than other employer resources aimed to boost their retirement readiness.

But a disconnect remains for in-plan defined contribution annuities, as other research shows that employers are still hesitant to offer annuities in part due to fiduciary concerns.

Read more at Planadviser

 

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