DALBAR Reveals Variable Annuity Statements that Exceed Expectations
07 Mayo 2024 - 9:20AM
Business Wire
DALBAR, the authority on financial services communications
quality, unveiled the results of its 26-year annual review of
account statements, crowning Corebridge Financial, Lincoln
Financial and Jackson National Life Insurance Company® (Jackson®)
as the standard bearers for variable annuity statements.
Reigning supreme for 22 years, Corebridge Financial
topped the list again by demystifying annuity statements with clear
definitions and footnotes about contract values and benefits, all
presented in an easy-to-understand format.
Lincoln Financial’s statement garners an impressive 2nd
place spot with a clean appearance, color, and intuitive
illustrations of income base amounts and projected income.
Jackson earns its place among variable annuity statement
royalty, receiving their highest score ever, for providing detailed
benefit and withdrawal values and a helpful glossary of annuity
terms.
These firms excel in their presentation of contract details
which results in greater investor understanding and ability to make
informed decisions.
This year’s review found a surge in firms utilizing QR codes on
statements to encourage online registration and e-delivery. This
rise in QR codes and continued prevalence of URLs reflect a growing
recognition of the powerful synergy between paper statements and
the digital experience.
DALBAR’s Trends & Best Practices in Investor Statements is
an annual publication ranking statements across variable annuity,
brokerage, mutual fund and retirement accounts, analyzing both the
level of detail offered and the overall presentation of account
information.
DALBAR, Inc. has a 48-year history and is recognized by the
financial services industry and government as an independent
third-party expert in the business of providing audits,
evaluations, ratings, and due diligence. DALBAR certifications are
recognized as a mark of excellence in the financial services
community.
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Media: Emily Kunka 617.624.7136 ekunka@dalbar.com