July 11, 2008
I am presently an owner of two Indexed Annuities and my wife has one also. We do not need the extra expense of a "broker / dealer" and associated fees and costs to be added into fixed annuities. These are insurance products and that is why we put our funds into them. We also place our funds there because the costs were very low. Once you put the equties people into the picture the costs will go up probably dramtically. Please leave the insurance products under the various state insurance commissioners. They have done a good job.