Annuity Homeowners Present What They’re Actually Considering

Solely 13% of the members have been of their 50s, and 53% have been of their 60s. A lot of the relaxation have been ages 70 by way of 80.

Satisfaction: The NAFA survey annuity satisfaction ranges examine with a satisfied-or-very-satisfied degree of 78% for banks’ bank cards and debit playing cards, which was reported in latest American Bankers Affiliation survey outcomes.

Gallup just lately discovered a satisfaction degree of 89% for the best way issues are going within the private lives of individuals with an annual family earnings over $100,000. The agency reported an total private life satisfaction degree of 78%.

Particulars: Many states are actually implementing annuity gross sales guidelines that require annuity professionals to behave in the perfect curiosity of the shoppers.

About 90% of the NAFA survey members mentioned they imagine their annuity professionals had their greatest pursuits in thoughts.

About 45% of of the fastened annuity homeowners and 43% of the listed annuities purchased their contracts utilizing money that was not a part of a 401(ok) plan, an IRA or one other association that will be topic to the Labor Division’s proposed funding recommendation fiduciary definition.

Solely 22% of the members’ fastened annuities and 16% of their listed annuities had an estimated worth over $350,000; 22% of the fastened annuities and 32% of the listed annuities had an estimated worth below $100,000.

Credit score: rost9/Adobe Inventory