David Byrnes, head of distribution for Security Benefit, wrote an article for Advisor Magazine on the potential security of annuities during market uncertainty.
Inflation, trade wars, market volatility, etc. bring uncertainty. To meet client needs, consider rebalancing client portfolios while maintaining diversification to help mitigate market risks. Protecting against downside risks is another consideration—pre-retirees and retirees alike may view protecting assets as being as important as maximizing gains. And in maintaining a focus on their long-term goals, this may be a time to consider leveraging annuities as a part of their asset mix.