Subject: File No. S7-14-08
From: Randall G Knowles, ChFC, CFP, SPHR, LUTCF
Affiliation: Independent Fiancial Planner

October 22, 2008

The current situation of financial affairs around the world are evidence of the importance of GUARANTEES. Indexed Annuities just like Fixed Annuities offer guarantees which can be found in no other product.

We can also see that the checks and balances which regulate Indexed annuities are working. How many disgruntled Indexed annuity owners are calling? The guarantees speak for themself.

It was not Indexed annuities with their guarantees and reserve requirements of which we read in the daily press. NO it is security firms of which we read ... there must be a flaw in the security regulations?