Did you know that segregated fund holders are more satisfied than mutual fund ones, according to a recent survey conducted by Abacus Data on behalf of the Canadian Life and Health Insurance Association (CLHIA)?
Satisfaction rates that speak for themselves
The same study found that:
- The management fees are far from being a deal breaker for investors and are not a factor in their decision making.
- Satisfaction with buying advice and being given clear and transparent information scored higher for segregated fund investors.
- Segregated funds are seen as a preferred solution for the risk protection they provide, as well as for obtaining a stable income in retirement.
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