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The annuity industry is poised for significant growth in the coming years, according to the State of the Retirement Industry, a report by the Insured Retirement Industry (IRI).

The report covers trends and significant events over the past year and explores themes likely to emerge in 2020. This year’s report includes review and analysis of demographic factors and their expected impact on the industry, market and product development trends, an overview of public policy initiatives affecting the industry and insight on the importance of financial advisors to help consumers prepare for retirement.