Drama Over the “Drawbacks” of AnnuitiesPosted March 31st, 2011
A recent Businessweek article highlighting what it calls the “drawbacks” of annuities is the latest in a long line of articles panning the financial products. But do annuities—especially variable annuities—deserve their bad reputation, or are annuities just an easy target of the mainstream media? And, where annuities are the right choice for your clients, how can you counter the negative press to help them make the right investing decision? Read this complete analysis of the impact at AdvisorFX (sign up for a free trial subscription with full access to all of the planning libraries and client presentations if you are not already a subscriber).
For previous coverage of annuities in Advisor’s Journal, see Women Are Leading Purchasers of Immediate Annuity Customers (CC 10-107), Medicaid Compliant Annuities (CC 10-78), & Indexed Annuities: Still Insurance (CC 10-42).
For in-depth analysis of variable annuities, see Advisor’s Main Library: Section 19.2 A—Amounts Received As An Annuity.