ATTORNEY NEWSLETTER One of the major avenues by which elder abusers get money from their victims is through the sale of fraudulent investments and securities. While the most reported cases of elder abuse may involve physical violence or tawdry familial misdeeds, financial abuse be investment advisors and financial professionals may […]

ATTORNEY NEWSLETTER Why Do Annuities Have a Bad Reputation? If you’ve been looking into an annuity, it’s almost certain you’ve come across a lot of sources warning you away. Why is that? On the surface, an annuity can make sense: purchasing an annuity now can save money on taxes, provide […]

ATTORNEY NEWSLETTER A Flawed Premise: Insurance as Investment What is Universal Life Insurance? Universal life insurance, and especially indexed universal life insurance, is one of the fasting growing segments of the life insurance market. As sales of traditional life insurance slow, something about indexed universal life insurance keeps it a […]

ATTORNEY NEWSLETTER Are annuities as stable as brokers claim? Annuity companies spend a great deal of time, energy, and marketing dollars to build the reputation of their product as a rock-solid investment. They’ve banked on this in their campaign to sell indexed annuities, products that make the impossible claim of […]

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 to adapt. One way that some companies are trying to deal with this change is to find a loophole […]

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 adjust both their sales tactics and the contents of their policies. While a number of sellers […]

ATTORNEY NEWSLETTER Reviewing the Variable Annuity Annuities are financial products that are often fraught with complications, miscommunications, and disappointment for policyholders. When seniors or retirees initially buy the product, they are generally expecting that the annuity will be both a sound investment and a means of providing stress-free guaranteed income […]

ATTORNEY NEWSLETTER Indexed Annuities The History of the indexed annuity To understand the growing popularity of the indexed annuity, it is essential to understand how the product developed, what it was intended to do, and what it is being used for today. Indexed annuities are annuities whose return rate is […]

ATTORNEY NEWSLETTER What Makes Annuities Sell? Annuities have become a very prominent part of the financial landscape, with large numbers of senior citizens buying them in order to secure their financial future. Looking at the details of the product, however, it’s not clear that any of the many types of […]

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 […]