Selecting the right annuity with income guarantees for retiree and pre-retiree clients is challenging.
Complexity of different features such as income guarantees, asset allocation requirements, and cost structures contribute to a fragmented analysis.
Current annuity comparison products help filter annuities and present them in a tabular manner, normally shifting the client’s focus more on singular features (expenses or guarantee rate).
Our patent-pending Hedgeness I.Q. Ratings assists advisors in the decision-making process of annuities by analyzing the key features of each annuity that advisor is recommending for client and quantifying a holistic assessment of each based on the key features analyzed and leveraging our Hedgeness Income Engine™.
The key features include:
Income guarantee rate
Asset allocation requirement
Contingent Deferred Sales Charge (CDSC)
Insurer’s credit rating
Hedgeness I.Q. generates a proprietary rating to help select better annuity for your client. The rating is based on a ratio that quantitatively measures the relationship between benefit and expense of the annuity. The higher the benefit to expense ratio, the more valuable is the interplay between expenses and income benefits as applied to income distributions.
Empowers advisors to sustain and grow annuity business in a consistent and repeatable manner in line with fiduciary trends.
Enables advisors to attract retirement assets by using institutional-level analytics for their clients.
Learn more about the Rating methodology