Advisors sidestepping annuities in retirement planning
October 27, 2015 by Warren S. Hersch
Financial service professionals are overlooking guaranteed income products when advising boomer clients in their 50s and 60s in need of retirement income planning, according to new research.
Saybrus Partners, a unit of The Phoenix Companies Inc., discloses this finding in a survey of advisors polled at the 2015 annual conference of the Financial Planning Association, held in Boston, Sept. 26-28. The FPA is the principal organization for certified financial planner (CFP) professionals, of which there are more than 66,000 in the U.S. Click HERE to read article