With annuities, you can secure a steady income stream for retirement. These financial tools, however, have become targets for scammers who exploit unsuspecting people. The complexity of annuities ...
Annuities are often marketed as reliable retirement income tools, but the reality is more complicated. While annuities can be beneficial for the right person in the right situation, the industry is ...
Unscrupulous investors are using a form of annuities fraud to target seniors and terminally ill patients in a deal similar to stranger-originated life insurance transactions, according to state ...
U.S. Rep. John Adler wants to crack down on salespeople perpetuating a particular type of scam targeting the elderly. Adler, D-3rd, plans to introduce federal legislation giving states financial ...
June 14--A Lubbock insurance agent was arrested in an annuity scam last month, and investigators are working to determine if there are other victims involved. Joseph Allen Gaines was arrested on ...
There is a good chance that annuities have come up in any retirement discussion or when you sat down with a financial advisor. And, for good reason. Annuities are often promoted to guarantee a steady ...