More investors and their financial planners have come to embrace annuities as part of a well-rounded retirement plan, according to research released by the Insured Retirement Institute and Cogent Research.
In numbers released at the IRI's annual meeting, the opinions – and level of support – related to the positives of annuities have drastically increased in just a year, as global economic conditions and low interest rates continue to make other investment vehicles a more challenging prospect.
The new research suggests that among investors, 73 percent of owners of annuities and 17 percent of would-be owners agreed that annuities form an important part of a retirement strategy; in 2011, only 55 percent of owners and 8 percent of non-owners said the same thing.
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