By Chris Tobe, CFA, CAIA A recent Cerulli Study exposes Guaranteed Income Annuities not only as unnecessary, but as creating ERISA Fiduciary Issues.[i]  I warned of this in my 2022 blog post on how income annuities are a fiduciary minefield.[ii] “Cerulli Edge—U.S. Retirement Edition,” finds that as of 2024, 91% of asset managers believe guaranteed … Continue reading Cerulli Study Exposes Guaranteed Income Annuities on Fiduciary Issues