{"id":909,"date":"2011-07-05T17:12:59","date_gmt":"2011-07-05T17:12:59","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2011\/07\/most_investors_ignore_prospect"},"modified":"2022-03-09T16:06:49","modified_gmt":"2022-03-09T22:06:49","slug":"most-investors-ignore-prospect","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/","title":{"rendered":"Most Investors Ignore Prospectus for Variable Annuities, Reports IRI"},"content":{"rendered":"<p>\t\t\t\tAccording to the Insured Retirement Institute, the majority of consumers don&#8217;t read the prospectus that accompanies a variable annuity purchase. IRI, which issued its report last week, also found that: <\/p>\n<p>\u2022\t94% of consumers would like to get a prospectus summary that is shorter and is available either online or per their request. Most variable annuity prospectuses are 100 to 300 pages long.<\/p>\n<p>\u2022\t59% of consumers said they would more likely discuss the product with their investment adviser if they were given a  prospectus that was shorter and easier to understand. <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/\"  title=\"Continue Reading Most Investors Ignore Prospectus for Variable Annuities, Reports IRI\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the Insured Retirement Institute, the majority of consumers don&#8217;t read the prospectus that accompanies a variable annuity purchase. IRI, which issued its report last week, also found that: \u2022 94% of consumers would like to get a prospectus summary that is shorter and is available either online or per their request. Most variable [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3884],"tags":[],"class_list":["post-909","post","type-post","status-publish","format-standard","hentry","category-variable-annuities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Most Investors Ignore Prospectus for Variable Annuities, Reports IRI &#8212; Investor Lawyers Blog &#8212; July 5, 2011<\/title>\n<meta name=\"description\" content=\"According to the Insured Retirement Institute, the majority of consumers don&#039;t read the prospectus that accompanies a variable annuity purchase. IRI, &#8212; July 5, 2011\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Most Investors Ignore Prospectus for Variable Annuities, Reports IRI &#8212; Investor Lawyers Blog &#8212; July 5, 2011\" \/>\n<meta name=\"twitter:description\" content=\"According to the Insured Retirement Institute, the majority of consumers don&#039;t read the prospectus that accompanies a variable annuity purchase. 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IRI, &#8212; July 5, 2011","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/","twitter_card":"summary_large_image","twitter_title":"Most Investors Ignore Prospectus for Variable Annuities, Reports IRI &#8212; Investor Lawyers Blog &#8212; July 5, 2011","twitter_description":"According to the Insured Retirement Institute, the majority of consumers don't read the prospectus that accompanies a variable annuity purchase. IRI, &#8212; July 5, 2011","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Most Investors Ignore Prospectus for Variable Annuities, Reports IRI","datePublished":"2011-07-05T17:12:59+00:00","dateModified":"2022-03-09T22:06:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/"},"wordCount":349,"articleSection":["Variable Annuities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/","url":"https:\/\/www.investorlawyers.com\/blog\/most-investors-ignore-prospect\/","name":"Most Investors Ignore Prospectus for Variable Annuities, Reports IRI &#8212; Investor Lawyers Blog &#8212; July 5, 2011","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2011-07-05T17:12:59+00:00","dateModified":"2022-03-09T22:06:49+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"According to the Insured Retirement Institute, the majority of consumers don't read the prospectus that accompanies a variable annuity purchase. 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