David Blanchett, head of retirement research for Morningstar’s Investment Management group, says that among the academic community, the value of using annuities for guaranteed income is a “no-brainer.” Many advisors, however, categorically dismiss the products. Hear his discussion with David Lau about whether refusing to use an entire product category is truly in the best interest of clients.
A Day at DPL with David Blanchett | Level setting with annuities
David Blanchett, head of retirement research for Morningstar’s Investment Management group, says that among the academic community, the value of using annuities for guaranteed income is a “no-brainer.” Many advisors, however, categorically dismiss the products. Hear his discussion with David Lau about whether refusing to use an entire product category is truly in the best interest of clients.
