5 ways written retirement plans benefit advisers

When a retirement adviser uses a written plan, it helps to increase confidence, satisfaction and trust with affluent clients, however, just half of these consumers have a formal written plan, according to a recent LIMRA Secure Retirement Institute study.

This study looked at Americans at three asset levels: $500,000 to $999,999, $1 million to $3.5 million, and $3.5 million-plus.