October 21, 2008
Indexed annuities have proven to be a great contract for the public and since they have no risk of loosing their investment due to market losses, they should not be regulated as securities. the problem is once this is regulated as a security its going to diminish all of its qualities as a fixed product and its going to be ruined just like every other security.
could we have just one thing that's working and leave it alone, instead of charging fees to the insurance companies and mess up the only thing that is working for retirees today