Announcement: SOA releases June 2019 Exam STAM passing candidate numbers and congratulates the new FSAs for August 2019.

Barriers to Financial Advice for Non-Affluent Consumers

Research Projects – Life Insurance


The Actuary of the Future along with the Product Development Section, are pleased to make the following report available. Authored by Dan Iannicola, Jr. and Dr. Jonas Parker of The Financial Literacy Group, this report examines why professional financial advice is generally not available to the non-affluent segment of the American public.


Barriers to Financial Advice for Non-Affluent Consumers

Thank You

The sponsors would like to thank the following individuals who served on the Project Oversight Group:

  • Janet Deskins—POG Chair
  • Pete Bondy
  • Eric Clapprood
  • Steve Cooperstein
  • Jennifer McGinnis
  • Sue Sames
  • Jan Schuh—SOA Research Administrator
  • Ronora Stryker—SOA Research Actuary

Questions Or Comments?

If you have comments or questions, please send an email to