Why Ken Fisher still hates annuities
October 27, 2015 by JANE WOLLMAN RUSOFF
The prevailing tack for selling annuities is the same type of shifty pitch on which every Ponzi scheme is premised, top money manager Ken Fisher contends, in an interview with ThinkAdvisor.
Indeed, for two years now the outspoken investor’s ubiquitous print and online ads have trumpeted: “I Hate Annuities…and So Should You!” Fisher particularly hates variable annuities, which “should not be legal as they currently exist,” he says.
What Fisher likes about annuities is his annuity conversion program, which buys folks out of their annuity surrender fees if they become long-term clients. Click HERE to read article