Web pages dedicated to the prevention, investigation and prosecution of fraudulent and/or inappropriate sale of annuities to the elderly.

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Examination Findings Regarding Broker-Dealer Sales of Variable Insurance Products
This joint 2004 SEC-NASD report reviews weak sale practices associated with deferred variable annuities and gives recommendations including taking the customer's age into consideration. [PDF]
Seniors Get a Hard Sell on Fee-Laden Annuities - Los Angeles Times
Detailed April 2006 report on commission-driven agents targeting elderly's assets, and playing on their fears to push a product that may not meet their needs.
Suit Targets Senior Seminars for Questionable Sales Tactics
Describes a class-action lawsuit against insurance companies and living-trust companies that market annuities to elderly people.
[Questioning Mozilla]
Last update:
August 17, 2012 at 11:29:56 UTC
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