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"Scott Hawkins Joins That Annuity Show to Forecast the Balance Sheet of the Annuity Industry in 2023"


Last week we looked back at 2022. This week we're looking ahead at 2023 with Scott Hawkins, Managing Director and Head of Insurance Research for Conning. Scott will also be a keynote speaker at our upcoming Retiretech conference in NYC on March 27th. More details will follow. Links mentioned in the show: We create audio and video content for professionals who share a passion for advancing the retirement industry. Approximately 80% of our audience are top advisors or independent agents who help consumers plan for retirement. Approximately 10% work at carriers in product management, distribution, and compliance. Industry influencers account for approximately 10%. We want to help every independent agent be successful in explaining the benefits of annuities. And there are many. They can protect retirement nest eggs from market downturns. They can generate predictable income in retirement. They can even offer several benefits in case of serious illnesses. However, the products can be very complicated. And discussing tough topics about retirement lifestyle can be tricky. At the same time, we work in a highly regulated industry. We frequently sell our products to seniors. And the laws seem to change all the time. How do we effectively build our practice and remain compliant with all rules? This information is provided by Nassau for educational purposes only. It is not individualized to address any specific financial objective and is not intended as investment, legal or financial advice. Any links or references to third-party information or websites is for informational purposes only. Nassau has no control over such third-party information or websites, is not responsible for their availability or accuracy, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from them. Your access to or use of such sites or resources is at your sole risk....(read more)


LEARN MORE ABOUT: Retirement Annuities
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In the most recent episode of That Annuity Show, host Paul Tyler sat down with industry expert Scott Hawkins to discuss the future of the annuity industry and make predictions about the balance sheet for 2023. As an actuary and consultant to the financial services industry, Hawkins brought a wealth of knowledge to the discussion. One of the topics that was discussed was the potential for innovation in the future of annuities. According to Hawkins, there are a few areas in which he believes innovation will occur. For example, he predicts that the industry will begin to offer more customization options for clients. He also believes that there will be more products available that incorporate features of both annuities and life insurance. Another area that Tyler and Hawkins discussed was the potential for regulatory changes to impact the industry. Hawkins noted that it is always difficult to predict what regulatory changes may occur, but he expects that there will be continued scrutiny of the industry in the coming years. This could potentially lead to new regulations that impact the way annuities are structured and sold. When it comes to making predictions about the balance sheet for the industry in 2023, Hawkins noted that there are a few factors that will likely impact the industry. One of the biggest factors is interest rates. If interest rates remain low, this could put pressure on the industry to find new ways to generate revenue. On the other hand, if interest rates rise, this could mean that annuity products become more attractive to consumers. Hawkins also pointed out that changes in life expectancy could impact the industry. If people continue to live longer, this could lead to new product offerings that are tailored to those who are expected to live longer than average. Overall, Tyler and Hawkins had a lively and informative discussion about the future of the annuity industry. While there are certainly challenges ahead, there are also opportunities for innovation and growth. By paying attention to these trends and making informed predictions, the industry can position itself for success in the years to come. https://inflationprotection.org/scott-hawkins-joins-that-annuity-show-to-forecast-the-balance-sheet-of-the-annuity-industry-in-2023/?feed_id=88047&_unique_id=643ab7794786c #Inflation #Retirement #GoldIRA #Wealth #Investing #annuities #annuity #BrunoCaron #PaulTyler #RamseySmith #ScottHawkins #ThatAnnuityShow #TisaRabunMarshall #RetirementAnnuity #annuities #annuity #BrunoCaron #PaulTyler #RamseySmith #ScottHawkins #ThatAnnuityShow #TisaRabunMarshall
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