Why Are Indexed Annuities Allowed to Market in Misleading Ways
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Embed from Getty Images “The ups of the market without the downs.” “Don’t lose money when the market goes down.” These are just a few of the claims you’ll hear when being sold an equity-indexed annuity. I’ve actually heard much worse. But why is a savings product with no exposure to the stock market allowed to be advertised to consumers as if it is similar to investing in the stock market, but somehow with less risk?
Why Are Indexed Annuities Allowed to Market in Misleading Ways
Why Are Indexed Annuities Allowed to Market…
Why Are Indexed Annuities Allowed to Market in Misleading Ways
Embed from Getty Images “The ups of the market without the downs.” “Don’t lose money when the market goes down.” These are just a few of the claims you’ll hear when being sold an equity-indexed annuity. I’ve actually heard much worse. But why is a savings product with no exposure to the stock market allowed to be advertised to consumers as if it is similar to investing in the stock market, but somehow with less risk?