Group suggests gauging sophistication of individuals based on knowledge,
or limiting the portion of a portfolio that can be invested in private placements.
The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.
In what seems to be an about-face, wirehouses are embracing fixed indexed annuities, which offer investors a guaranteed-minimum return and the opportunity to partake in stock market gains.