And increased the sale of “annuity akoitiindixid” 45% in the first six months of this year. I am concerned that the vast majority of those sales are not appropriate for investors. Supervision by the Securities and Exchange Commission (SEC) and the National Association of securities dealers (NASD) is an urgent need to protect retirees from being taken to the cleaners by agents hungry for great Commission. Read on to find out how this oversight will benefit you.
For about 2 years now, I’ve been warning people against buying “akoitiindixid annuity”. We hope that my articles have caused factors across the country lose sales. This is why I regularly attacked and scolded agents. When I started, it was a single voice in the wilderness. Now, the SEC and NASD interested in the case. The national media covering the story more regularly. And the chorus of voices calling for change. For example, “the Wall Street Journal published an article on 15 October that echoed my complaints.
Required more regulation and oversight of these products because, even though they’re technically an insurance product, sold it as an investment. Anyone looking at the sales documents explicitly see that. This investment is enhanced with promises of ‘ guarantee ‘ that you will not suffer any losses and market gains, as the answer to all your questions. Investors are buying as an investment, not secure. Therefore, should govern as investments and not insurance.
Better alternatives of annual stock index pensions
Investors will benefit if “pension akoitiindixid” is classified as an investment. It will reduce, but not eliminate, the potential for abuse. Here’s why.
First, classified as an investment in better disclosure of the risks involved with this product. Stock index annuities are complex products. Many agents sell them don’t understand even those complications. Do not warn consumers adequately of the risks they face in these products. Most think they can’t lose money on this investment, this is simply not true.
For example, many of these buy one of the most popular “akoitiindixid annual salary” do not realize that if they can withdraw their money from the contract when the contract matures they will receive relevant index returns they thought they would. In fact, those who want a lump sum of this specific product after 10 years would be guaranteed to make total revenues of around 1.5% for the 10 full years. Few ever buy this investment if they clearly understood that.
Secondly, who sold the investments required to ensure that investments they sell to the person they are selling. When you sell an investment Committee based, it reviews the compliance officers to verify suitability. Compliance officers, investment sales checks because their work to protect the company from lawsuits and regulatory fines. They know that their firms has fallen by the Supreme Education Council.
Any compliance officer will approve the sale of “annuity akoitiindixid” 100 per cent of investable assets in person-but we see them all the time. Any compliance officer approve the deal so that the investor paid a large fine to hold one annual transfer of funds installment to the “annuity akoitiindixid”. This has become a problem, although the NASD issued warnings about it.
Thirdly, the establishment of the Supreme commissions provide pension stock index a huge conflict of interest for the Chancellor. If you are a consultant and the option to have 2% or 15%, which to choose? Is it any wonder the pension stock index became very popular?
Wall Street Journal article up to the same conclusion that the investor should avoid senior pension stock index. So far, these agents are after the most? Investors, of course, they are the ones with the most important assets.
Don’t be surprised if in the not too distant future, new regulations to control the world and Wild West pension equity index. Do not enter until that day, indexed equity premium sales-pitch. There are many better ways to gain a decent market return with low risk, you don’t have to give up control of your money to do so.
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