Variable annuities are often marketed as a good investment product because they are supposed to provide an opportunity to invest, as well as tax advantages and a death benefit which gives beneficiaries at least as much as was...
Category: Annuities Fraud
The Top Companies for Variable Annuity Sales
October 5, 2016
In 2014, total annuity sales in the United States reached $235.8 billion. Variable annuity sales accounted for more than half of total sales, with sales of variable annuities bringing in $140.1 billion.
ATTORNEY NEWSLETTER The New Landscape of Fee-Based Annuities As the Department of Labor’s new rule comes into effect, requiring insurance and annuity salespeople to act as fiduciaries, financial companies are scrambling...
San Francisco Annuity Fraud Attorney: The Future
July 11, 2016
ATTORNEY NEWSLETTER Prudential, Jackson National, and the future of the annuity As the Department of Labor requires more insurance brokers to act as fiduciaries, and as FINRA continues its investigation into variable...
ATTORNEY NEWSLETTER The Avlue and Drawbacks of Indexed Annuities As the Department of Labor’s more stringent annuity rules go into effect, major sellers of both fixed and variable annuities are having to compensate and...