Annuity Modernization
Are Your Clients’ Older Investments Still the Best Choice?If there are older annuities or other insurance products lingering in your clients’ portfolios, it’s important to make sure they're still serving them the way you and your clients think they should.
It's possible that your clients may be paying for features in their older annuities or insurance products that may have previously served them well but are no longer needed. And those unnecessary fees can place a significant drag on performance. Advisory annuities have different fee structures than traditional annuities and are often more cost-conscious. In addition to cost savings, moving those funds to an advisory annuity also puts that money under your management (if it’s not already), so you can invest it the way you and your clients think best.
Identifying opportunities to help clients save money, including reducing investment costs in their portfolios, can have a positive impact on the long-term growth of their retirement savings. If your clients' older, traditional annuities no longer make sense within their overall financial plans, an advisory annuity may be a more favorable choice.
An advisory consultant is available to help review your clients’ annuities or other insurance products to ensure they’re paying for only what they need.
Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Annuity products are not FDIC insured, may lose value, and are not guaranteed by any bank.
Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.
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