It is SO disingenuous to make statements like this.
September 3, 2024 by Sheryl J. Moore
WHAT?!? Click HERE for
I am SO tired of these guys. This distributor perpetuates so much bad information about annuities!
Yeah, yeah- you sold over $2 billion in “no commission” annuities in 2022. We get it.
(That is less than 1% of all deferred annuities sold that year. So, congratulations.)
That said, it is SO disingenuous to make statements like, “With no commissions eating away at their investment, investors can see higher returns over time.”
Are you kidding me? The insurance company pays the agents’ commission. It is the investment advisor’s fee that “eats away” at the no-load annuity purchaser’s investment. The hypocrisy!
Thank goodness this doesn’t appear to be a very popular website… -sjm