Isnt this another example of how the US is failing ? - variable annuity products
Prohibition of commissions from investment products in the UK
"The UK ban on all steps commissions on investment products. Although there is no similar approach is also expected here in the U.S., there are steps you can take to ensure that rents there are high investment committee.
Britain has recognized that there is a conflict of interest if a drive financial advisor to high net investment commissions. For example, sellers of address to a variable annuity to earn commissions of about 10 percent. However, if you instead suggest an index fund, there would be virtually no commission for them. It is therefore unlikely that I will recommend index funds for variable annuities.
Friday, January 22, 2010
Variable Annuity Products Isnt This Another Example Of How The US Is Failing ?
6 comments:
I think that the best option is fixed annuity. Your money will be sure....
No. Every time we try to solve our banks and investment firms in favor of the Republicans in the House and Senate the tone of an attack. It does not matter.
1. Any financial adviser will receive the complaints are at a very high risk of losing their license. If they did, they would lose customers.
I'm studying for my Series 7 license, and I'll say. The SEC and NASD Do not Fuck with complaints.
2. 99% of the FA leaders to their customers the best product for your personal situation.
3. Beware of unintended consequences: If you cut people to start paying, you lose the AF better.
I understand the concept, and it has its place. But most of the FA ethical.
What's next? Car dealership to your customers tell us the cars of their competitors? We are with Europe and our death is behind them. It is a shame that our country lost so many lives, freeing ourselves of the folly of Britain and now we want to imitate them like monkeys
Caveat emptor rule. There is a conflict of interest if you have a financial basis to advise the Commission, more or less, depending on what you invest in Anybody with half a brain working with a consultant, funded for his time and does not sell investment products.
Must always be revised. In general, it is.
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