Are young people overburdened by student debt to the point that it is hurting the economy? Brad Plumer of the New York Fed seems to think so. A new study has found that young adults are not making major life purchases when previous generations did and that in turn is stifling growth. Is student debt the only factor to blame or are there wider generational shifts that will have wider implications on the economy? Young people are getting married and moving to the suburbs later. The trajectory is the same, it is just happening later.
Other non-U.S. life and annuity players with earnings out include Manulife, Aegon and Meiji Yasuda.
Life insurance has a history.
Nicolopoulos served for five years as the president of a New Hampshire agent group.
Sponsored by Orion Advisor Technology
Financial planning services help advisors differentiate themselves, improve client relationships, drive better outcomes, and more. So why don’t more advisors offer financial planning?
Sponsored by Orion Portfolio Solutions
Learn how to use seven relationship skills to attract, serve, and retain high-net-worth investors.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.