Should Your Robo Adviser Include Guaranteed Income Products?

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives .

Robo advisers can be very practical and efficient for investors. While robos generally are beneficial as they often invest in low-cost funds and ETFs, ideally, they should also include quality single-premium immediate annuities (SPIAs) and deferred-income annuities (DIAs) to simplify investment planning and allow retirees to spend more.

SPIA and DIAs are within the category of guaranteed income products (GIPs), which we refer to in this article. GIPs offer a stream of income payments that begin at a certain age, often […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.