Monday, May 21, 2007

Back Again! Equity Index Annuities' Sold to Old People Generating Lawsuits

The fact that these things have significant commissions has absolutely nothing to do with that salesman's desire to sell you one. Whether you will be happy with it several years from now -- well, he'll still have his commission, won't he? You need an investment advisor who is a good fiducuary. Hat tip to the always interesting Kirk Report.

Equity index annuity insurers are facing more lawsuits - InvestmentNews

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