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Annuities take center stage
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As the pandemic roils the financial markets, Americans increasingly seek the safety of guaranteed income as they enter their third act. But the rates and guarantees that have been selling points for annuities for years simply aren’t what they used to be.
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Consumer and insurance groups disagree on advice standard for annuity sales
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Consumer groups and American Council of Life Insurers square off over how stringent the investment advice standard should be
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Think Your Retirement Plan Is Bad? Talk to a Teacher
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Schoolteachers and others who pursue careers of service in exchange for modest paychecks get lightly regulated retirement plans that often charge excessive fees.
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Even Math Teachers Are at a Loss to Understand Annuities
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Schoolteachers and other government and nonprofit workers are often at the mercy of confusing contracts tied to arcane investments, sold by representatives who may not understand them.
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Answers to Questions About 403(b) Plans
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What are they, and who uses them? Why do they exist? Who regulates them?
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An Annuity for the Teacher - and the Broker
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A look inside the high-pressure job of selling workplace annuities to public schoolteachers
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Milevsky on DOL Fiduciary Rule: Big Flaws; Annuities Will Suffer
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Moshe milevsky, an annuity expert, anticipates a negative short-term impact before homeostasis returns to annuity space
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Metlife To Pay Record Finra Fine For Misleading Annuity Customers
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Insurer’s $25 million fine the largest variable annuity penalty.
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The Annuity 99 percents of Clients Should Avoid
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The personal finance commentator talks about the type of annuity she has a ‘new respect’ for and one that most clients should avoid.
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Avoid the Annuity Hard Sales Pitch
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When a financial adviser or insurance agent suggests you buy an annuity, is he looking to serve your best interests—or to collect an iPad and a trip to Aruba?
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