Elder: Financial Abuse: Annuity Fraud
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only in Financial_Abuse/Annuity_Fraud
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Elder
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Financial Abuse
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Annuity Fraud
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Elder: Financial Abuse: Annuity Fraud
See also:
Business: Financial Services: Cash Flow: Annuities
(9)
Business: Financial Services: Insurance: Annuities
(18)
Home: Personal Finance: Retirement: Annuities
(4)
Annuitytruth.org
- List of circumstances when the sale of a deferred annuity to an older adult is very questionable. Includes a free special report on this topic.
Examination Findings Regarding Broker-Dealer Sales of Variable Insurance Products
- This joint 2004 SEC-NASD report reviews weak sale practices associated with deferred variable annuities and gives recommendations including taking the customer's age into consideration. [PDF]
Seniors Get a Hard Sell on Fee-Laden Annuities - Los Angeles Times
- Detailed April 2006 report on commission-driven agents targeting elderly's assets, and playing on their fears to push a product that may not meet their needs.
Suit Targets Senior Seminars for Questionable Sales Tactics
- Describes a class-action lawsuit against insurance companies and living-trust companies that market annuities to elderly people.
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Last update: Friday, June 26, 2009 9:59:20 AM EDT -
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