LAWSUITS NEWS & LEGAL INFORMATION
Variable Annuity Lawyer Interviews
Variable Annuities Attorney: “Variable Annuities Are Not Bought, They’re Sold”
September 9, 2013. By Heidi Turner.
Kansas City, MO Some retirees and people nearing retirement who purchased variable annuities for retirement income were very surprised to receive letters informing them that their guaranteed variable annuity payment was not so guaranteed. Diane Nygaard, partner at Kenner Schmitt Nygaard, LLC, says insurance companies have been backing away from promises of lifetime income to people who put their money in variable annuities.
Read [ Variable Annuities Attorney: “Variable Annuities Are Not Bought, They’re Sold” ]
Worried About What Your Parents Are Investing In? You Should Be.
October 28, 2008. By Brenda Craig.
San Diego, CA Be careful out there folks! Everyday attorney Ron Marron sees older Americans that have been sucked into complicated investment products or strategies they thought would ensure their life savings would last forever. Marron specializes in recovering money from unscrupulous or negligent commission driven investment dealers—he cautions investors to be extremely wary of Variable Annuities.
Read [ Worried About What Your Parents Are Investing In? You Should Be. ]