Category: Blog

ATTORNEY NEWSLETTER Variable Annuities Examined in Priority by SEC for 2016, Advantage and Disadvantage The SEC (Securities and Exchange Commission) disclosed its examination priorities list for 2016. The SEC is focused on retirement investments, and especially variable annuities as a retirement product warranting attention. The insurance companies are interested in […]

ATTORNEY NEWSLETTER The Potentially Pitfalls of the Annuity There’s a lot of contention surrounding the annuity, an increasingly common financial product as the population ages. Opinions range from embracing the product to utterly disavowing it. There’s one thing that both sides of the argument can agree on: the wrong annuity […]

ATTORNEY NEWSLETTER Endo Pharmceuticals and seven of its subsidiaries will pay $39 million to settle a whistleblower qui tam lawsuit alleging that the company manufactured and sold fluoride multivitamins containing less than half the labeled dosage. Fluoride is important to the dental health of children. Generally, we could find fluoride […]

ATTORNEY NEWSLETTER Changing Annuities Rules May Even the Playing Field We’ve spoken a lot about the convoluted rules governing the financial products that are grouped under the name “annuities.” This moniker can cover a staggeringly wide variety of related products and categories, including deferred variable, indexed, and numerous other obscure […]

ATTORNEY NEWSLETTER The Ins and Outs of the Annuity Who’s paying for your annuity? If you own an annuity or are thinking or purchasing one, you probably know what’s supposed to happen with your money. You pay a lump sum up front, and the company you purchased it from guarantees […]

Nursing Homes and Alzheimer’s Patients Elders can be the target of abuse in nursing homes. They are in a weak position and need someone take care of them for their daily life and medications. Sometimes, a nursing home employee may influence an elder and abuse them. The abuse could be […]

Collaboration between Attorney General Kamala Harris and AARP California to Protect Seniors from Fraud and Abuse In California, seniors are really representatives of this state, but also are vulnerable. They are the targets of many fraud and abuse schemes. Moreover, when they are old and alone, they are the perfect […]

How can seniors prevent financial abuse? Seniors are sometimes the targets of choice for dishonest people. The perpetrators of elder abuse in California may be relatives of the family, children, grandchildren and friends. Professionals like caregivers, insurance brokers or financial advisers also may try to take advantage of the weaknesses […]

ING, Voya, Transamerica, and Others Expected to Raise Rates A new year is an opportunity to make changes. Some of us resolve to eat better, lose bad habits, or improve as a person. In contrast, it seems that some major life insurance companies have resolved to increase their revenue by […]

Whole Life Insurance So You Want to Know About Life Insurance It’s likely that at some point, you’ve either purchased or considered purchasing life insurance. Family, friends, and most financial advisors will advise you to consider it, particularly as you approach retirement. Some companies buy it for their employees, or […]