ATTORNEY NEWSLETTER Full and Partial Surrenders or Cancellations of Athene Annuity and Life Company Annuities Athene Annuity and Life Company, formerly Aviva Annuity and Life Company,[1] issues fixed indexed annuities in...
Category: Annuities
San Francisco and California Annuity and Financial Elder Abuse Attorneys: High Pressure Annuity Sales Tactics
January 20, 2019
ATTORNEY NEWSLETTER Beware the Hard-Sell Free Steak Dinner High Pressure After a Free Meal Seniors and retirement investors grow anxious in a volatile stock market. Insurance agents seize on that anxiety to push annuities and...
Marin County and California Securities and Financial Elder Abuse Attorney: Surrenders and L Share Variable Annuities
January 11, 2019
ATTORNEY NEWSLETTER FINRA Concerns With L Share Annuities L Share Variable Annuities are a type of variable annuity where the surrender charge period under the contract is shortened to three or four years but administrative...
San Francisco and California Annuity and Financial Elder Abuse Attorneys: Understanding Annuities
January 9, 2019
ATTORNEY NEWSLETTER Annuities Are Expensive, Complex, and Illiquid Big Fees, Modest Yields, and Withdrawal Charges Annuity carriers and agents use fear tactics to push annuities. One agent recently claimed on the radio that...
Alameda County and California Annuity and Financial Elder Abuse Attorneys: What You need to Know About Annuity Fraud on Seniors
January 4, 2019
ATTORNEY NEWSLETTER Fraud Up as Annuity Sales Increase Unsuitable Products and Churning Annuity sales are up and so are cases of fraud, especially on seniors. The fraud on seniors varies but typically involves either the sale...