Tag: variable annuity scam
L-share Annuity – Suitable Investment for you?
L-share Annuity – Investment Losses An L-Share Annuity is a common share class offered by a variable annuity that has a short...
Variable annuity sales at independent broker-dealers
The Investment News just released data on the variable annuity sales at independent broker-dealers. As you can see from the chart...
John Hancock Scales Back Variable Annuity Offerings
According to a recent article in the investmentnews.com, John Hancock “has pulled back on its annuity distribution and expects to...
Information Regarding Waddell & Reed’s Sales Practices
Waddell & Reed’s sales practices have been the subject of regulatory inquiry on several occasions. Back in 2005, FINRA resolved its...
Gilman Ciocia and Prime Capital Services censured by the SEC
The Securities and Exchange Commission (SEC) recently announced that it has censured Gilman Ciocia and its Prime Capital Services unit for...
