Description
The biases that we carry around regarding annuities – whether as advisors or clients – may detract from legitimate considerations of their use. So, a discussion of our mindset about this risk management tool is warranted.
Learning Objectives
• Overview of Behavioral Finance concerning financial decision making.
• Identify main biases affecting financial advisors and their clients, with an emphasis on annuity products.
• Learn strategies for mitigating the effects of these specific biases, and cognitive biases in general.