In a January survey of advisors by Fidelity, 28% of advisors said they were less likely to recommend annuities to clients. In August that number increased to 39%.
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A Fidelity study has determined that financial advisors are less likely to recommend annuities to their clients following the Department of Labor’s fiduciary standard. So reports Financial Advisor.
In a January survey of advisors by Fidelity, 28% of advisors said they were less likely to recommend annuities to clients. In August that number increased to 39%.