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Category: Annuities Fraud

Nov 14, 2015 - Annuities by |

California Elder Rights Lawyers, Income Inequality

ATTORNEY NEWSLETTER Income inequality between older women, luck or fate? The New York Times wrote an article about income inequality between two older women but with two different stories. Everyone thinks retirees do well, spending their money on gifts and presents for their grand-children, on travelling, at events and on […]

Oct 11, 2015 - Annuities by |

What Happens to an Annuity Deferred?

ATTORNEY NEWSLETTER An increasing number of seniors have been adding risky financial products to their retirement finances, guided by so-called “elder financial planners” and other shysters looking to make some money out of seniors’ life savings. One of their methods is to sell retirees a deferred annuity. The idea is […]

Oct 9, 2015 - Annuities by |

Finra Jumps in to Help Elders

ATTORNEY NEWSLETTER Finra, the Financial Industry Regulatory Authority, has decided to give financial advisers the authority to circumvent rules on trade execution when they believe that an elderly client is being manipulated or financially abused. Till now, there was no way of stopping a transaction carried out by unscrupulous relatives […]

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