Annuity Review
Discover opportunities, deliver results
Unlocking annuity potential
Annuity reviews are a strategic process that help advisors ensure their clients’ annuities remain aligned with current financial objectives and market conditions. Interest rates, product features, and client priorities can shift over time, which means an annuity that was once ideal may no longer deliver optimal performance.
By conducting regular reviews, advisors can identify opportunities to improve growth potential, reduce unnecessary costs, and enhance benefits – ultimately ensuring the annuity continues to serve the client’s best interests.
Who needs a review?
Clients who purchased annuities several years ago, experienced significant life changes, or are nearing retirement – are all prime candidates for a review. These individuals may have outdated contracts, missed opportunities for higher income, or features that no longer fit their goals.
A review can uncover ways to optimize performance, increase benefit values, and provide greater flexibility – making it a valuable service for clients seeking to maximize the impact of their retirement assets.
Potential outcomes
Optimized cash value
A review can uncover opportunities to improve the annuity’s overall efficiency and growth potential. This positions you as a trusted advisor who ensures clients’ assets are performing at their best.
Increased benefit value
By identifying enhancements to the benefit structure, you help clients maximize long-term value. This demonstrates your commitment to securing their financial future.
Higher income
Reviews often reveal options to boost guaranteed income streams, supporting clients’ retirement goals. Delivering higher income strategies strengthens your role as a retirement planning expert.
Lowering costs
Reducing unnecessary fees or expenses keeps more of your clients’ money working for them. Showing cost-conscious strategies builds trust and reinforces your fiduciary responsibility.
Enhance legacy impact
Legacy riders help secure a lasting impact for beneficiaries by ensuring guaranteed growth. This allows clients to protect what matters most for the next generation.