This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Financial Professionals Underestimate Appeal Of Annuities Among Consumers, Genworth Survey Finds

"Our survey underscores the degree to which consumers appreciate how well annuities can help them manage today's challenging financial environment," Gipple said. "That's why we firmly believe that annuities will play an important role in the future of retirement income."

Read more about the annuity opportunity and the ideal customer for the product:  "Putting Your Clients in Control of the Future."  

To learn more about how fixed annuities can protect retirement money and guarantee a lifetime income, financial professionals can visit Genworth's Index Institute, a virtual community for producers that contains index life insurance and index annuity training; market insights from Andrew Friedman, one of the nation's most sought-after speakers on all things political; presentations; product information; and cutting-edge sales ideas.  Consumers can visit Genworth's recently launched annuities solutions website, which contains planning tools and educational videos: https://www.genworth.com/products/annuity.html#tab1-tab.

Genworth can also be found online through its social media platforms:  Facebook and YouTube

About the Study

During 2012, Genworth conducted the Retirement Income Planning study in conjunction with Directive Analytics, a third-party research administrator.  The study consisted of several phases, including in-depth interviews, focus groups and quantitative surveys with both consumers and financial professionals.  In October 2012, an online, quantitative survey was completed by 1,340 retired consumers and pre-retirees between the ages of 40 and 80 with at least $50,000 in household income.  In December 2012, an online, quantitative survey was fielded among 400 financial professionals with at least one year of experience.  Presented results represent statistically significant findings tested at 95 percent and 90 percent confidence intervals.

About Annuities

Annuity guarantees are based solely on the claims paying ability of the issuing insurance company.

3 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs