ATTORNEY NEWSLETTER FINRA levies $25 Million Fine Against Metlife FINRA, the Financial Industry Regulatory Authority, recently brought down the hammer on Metlife, in the form of the second largest penalty in the history of the agency. Although Metlife did not admit to wrongdoing in the settlement, the core of FINRAs […]

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 Deferred Income Annuity: good deal or bad investment? A Deferred Income Annuity can be thought of as an apple tree; the longer you wait to receive your apples, the bigger they are. We call that the crux of delayed gratification. However, if you die before the income starts, […]

ATTORNEY NEWSLETTER AXA is a major international insurance provider and financial company, offering products in a wide array of different areas. They sell travel insurance, life insurance, annuities and numerous other policies. These two products, annuities and life insurance, financial products that are sometimes considered almost indispensable in the modern […]

ATTORNEY NEWSLETTER A Consumer’s Guide to Understanding Financial Products It can be hard for anyone to navigate the complex market for financial products: life insurance, annuities, indices, stocks, bonds, hedge funds, Roths, IRAs, and many other esoteric options may seem like a good choice for investment when sold to you […]

ATTORNEY NEWSLETTER Legal Issues Surrounding an Aging Population Many of the major shifts in American society in the last half century can be attributed, directly or indirectly, to the baby boomer generation. It’s been known for years that as that generation ages, it will lead to major changes in employment, […]

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 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 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 […]

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 […]