Why Don't Fee-Only Advisors Love Income Annuities? One Says He Knows

The American College of Financial Services
Life Annuity Specialist
June 9, 2021

Despite many in the retirement planning community talking up the benefits of guaranteed income products for clients, a great deal of advisors usually come out against their use. RICP® Program Director Wade Pfau says that’s often because fee-only advisors are actually disincentivized to use these products because it causes them to make less money.

Read more of his commentary in this piece from Life Annuity Specialist.

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