The approach that advisors take for retirement planning will be changing drastically over the next few years, according to Bruce Wolfe managing director at Allianz Global Investors and chair of the Allianz U.S. Retirement Market Executive Committee. Wolfe made his comments at the Bank Insurance & Securities Association conference earlier this week in a session entitled, “The Donut Dilemma - Why No One Cares About Retirement Income...Yet.”
Once advisors recognize all the necessary behavioral issues of their clients, and change their own client-relationship strategies accordingly, the entire industry landscape will be different, Wolfe says.
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