A new analysis published by LIMRA shows the reasons why investors choose to purchase annuities vary widely, and there does not seem to be one standout reason cited by a majority of survey respondents.

As the report explains, the decision to buy an annuity (or not) can be a complex one, as is the decision regarding which type of product to buy from which carrier. As such, and as LIMRA’s data shows, buyers list many reasons for their purchases.

Read the full article from ThinkAdvisor here!