ATTORNEY NEWSLETTER AXA Annuities AXA is among the largest insurance companies both in the U.S. and international markets, and is among the top sellers of both annuity and life insurance policies. Like many insurance companies, a large portion of AXA’s policyholders are seniors, retirees, and the elderly. This market can […]

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 […]

Re-Inventing the Wheel: traditional vs ‘Modern’ Annuities Annuities have been marketed to seniors as an essential retirement product for decades, and it’s easy to see why: put your lump sum in up front, and received guaranteed income, with interest, for the rest of your days. This is marketing pitch, and […]

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 […]

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 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 […]

ATTORNEY NEWSLETTER Annuities: a Mysterious Maze Lots of questions come up when we talk about annuities. What is an annuity? How does it work? It is a smart investment? An annuity is a contract between a buyer and an insurance company. Sometimes, a broker/dealer intervenes in the transaction and tries […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

California Annuity Fraud Attorneys Discuss Transparency in Annuities ATTORNEY NEWSLETTER If you or someone you know is the owner of an annuity, you know firsthand exactly how confusing and complex those products can be. Buying one involves mountains of paperwork and piles of money. Annuities are major investments, and some […]