Variable Annuities: Beyond the Hard Sell
Variable annuities are another product within the financial services industry that is usually “sold” rather than “purchased”, meaning that most people don’t go to their investment advisor and ask about variable annuities. Why would an advisor propose a product that their clients aren’t asking for, one might ask? The answer usually isn’t because they believe it is the best product for the client but because of the high commissions that are paid to the advisor. Please follow the link below to find out more about why these products might not be right for you.