Annuity Criticisms Often Boil-Down to Control of Assets
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Coverage of annuities by the broader financial media tends to be negative, with much of the criticism focused on annuity expenses.
The criticism is typically accompanied by a blue-sky investing scenario that makes the case for annuities that much less compelling. The theoretical...
Annuities are complex, largely misunderstood, and often misrepresented in popular financial media.
The reality, though, is that these financial products are becoming an increasingly important part of the financial plans of millions of people around the world. In fact, annuities are a vital component of the...
A common refrain among the financial media and the asset accumulation community is that annuities represent a poor option because of the high fees and expenses—much of which is presumably directed towards compensation of intermediaries—that are incurred by the customer.