Members of Generation D are less likely to view advisors as a trusted resource for investment advice than previous generations, the Accenture survey found. For example, a total of 59% of Gen D members actively sought advice recently but only 40% looked to their financial advisor for guidance.
Everyone knows that sinking feeling when you realize that you forgot to take care of an important item. It could be something as minor as forgetting to set the DVR for your favorite reality TV show. Or it could be something major such as leaving the house with a pot of boiling water on the […]
Only 24% of moms are satisfied with their current financial situation and one-quarter admitted they are struggling to make ends meet or are worried about their financial future. However, only one-third of moms currently use the services of a financial professional to help them with their investments and/or insurance needs. These are some startling stats […]
In the just-released 2013 Insurance Barometer Study, there are some surprising findings, like the fact that almost one-fifth of people say they would buy life insurance from at a retail outlet. And of course there are some not-so-surprising findings, like the fact that while 85% of people think life insurance is important for most, only 62% have it. You can read more about the study here.
The truth is that while many people say they would drop a life insurance policy in their cart while shopping, it’s a novel concept that hasn’t been tested. The Barometer study showed that most people still prefer to buy face-to-face—to ask an agent questions, to understand the nuances of the product, to get a life insurance plan tailored to their exact needs.