With pessimism in Europe and volatility throughout the financial world, is this becoming a bullish market for annuity products? It’s something to think about and something to discuss with your clients.
What do senior clients want at this point in their financial lives? Security. Are the products you’re providing safe and secure compared to other products on the market? They should be.
I read a sobering market report last night that got me thinking on this topic. Titled the “Monex Global Retail Investor Survey, Vol. 5,” this report painted a pretty bleak picture of the financial markets. Clients of Tradestation Securities were surveyed for this report and they are downright squeamish about the financial world.