Retirees, Beware The Variable Annuity 2.0

What does the financial services industry do when sales of an old product fall flat? It rolls out a new version of the product, hoping clients forget the perils of the past. Stripped of benefits, the new VAs are called “investment-only VAs” or “investment-focused VAs.” InvestmentNews noted this month, “A new hierarchy is emerging on […] View the full post at: Retirees, Beware The Variable Annuity 2.0 Related posts: Walgreen’s Still Healthy After Disappointing November Sales Jose Pinera: Social Security in the U.S. to Face Deficit in 7 Years Charles Schwab May Be Sued for Fraud Over ARS