https://retirementplanningscottsdale.com/2018/07/11/anil-vazirani-says-guggenheim-lawsuit-claims-defrauded-anuity-investors-to-fund-la-dodgers/ Anil Vazirani says: Guggenheim lawsuit claims they defrauded annuity investors to fund LA Dodgers Per an article by InvestmentNews: Guggenheim accused of using cash from annuity unit to fund CEO’s purchase of LA Dodgers Case charges firm with ‘siphoning’ funds from insurance companies it owns Jul 2, 2018 @ 9:30 pm By InvestmentNews Guggenheim…
How Have Fixed Index Annuities Evolved And How Are Consumers Protected?
By Casey Kuhn Published: Tuesday, July 3, 2018 – 11:07am Updated: Tuesday, July 3, 2018 – 11:09am They say the earlier you decide to invest your money, the better. But, before you sign anything, you need to know exactly how your money may — or may not, perform — especially in a fixed index annuity….
CA courts dismissed all of Aviva USA Corps. claims against Anil Vazirani, and ruled in favor of Anil Vazirani
https://retirementplanningscottsdale.com/2018/07/06/ca-courts-dismissed-all-of-aviva-usa-corps-claims-against-anil-vazirani-and-ruled-in-favor-of-anil-vazirani/ CA courts dismissed all of Aviva USA Corps. claims against Anil Vazirani, and ruled in favor of Anil Vazirani CA Courts dismissed all of Avivas claims against Anil Vazirani due to Ruling in Favor of Anil Vazirani in the case of Aviva USA Corporation vs Anil Vazirani in 2012. Los Angeles Judge Michelle R….
Aviva USA Corp, et al v. Anil Vazirani, et al, No. 13-16858 CA Courts ruled in Favor of Anil Vazirani, watch recording for case
Aviva USA Corp, et al v. Anil Vazirani, et al, No. 13-16858 CA Courts ruled in Favor of Anil Vazirani, watch recording for case Aviva USA Corp, et al v. Anil Vazirani, et al, No. 13-16858 Lawsuit in Favor of Anil Vazirani, watch recording for case* CA Courts dismissed all of Avivas claims against Anil…
Anil Vazirani says: “Rules are being discussed to allow insurers of indexed annuities to use indices that have been around less than 10 years.”
https://retirementplanningscottsdale.com State insurance commissioners are discussing rules, and the Annuity Suitability Working Group held a conference call this week, which produced additional tweaks to Annuity Disclosure Model Regulation 245. The group is a National Association of Insurance Commissioners committee. The model Regulation 245 allows illustrations only if an index has been around at least 10…
Anil Vazirani says: Annuities with high, stock-market-linked returns should be registered as securities.
“Some life insurers should be more conservative when they tell consumers about possible returns from indexed annuities that aren’t filed as securities. If an issuer wants to show a consumer that an annuity can earn 10% annually, with no risk, the issuer should file that annuity as a security, and an advisor who tells a…
Anil Vazirani asks: Will AARP save the Fiduciary Rule to put clients’ interests first?
https://retirementplanningscottsdale.com/Anil Vazirani asks: “Will AARP save the Fiduciary Rule to put clients’ interests first?” In an eleventh-hour attempt to save the fiduciary rule, AARP has filed a motion with the 5th U.S. Circuit Court of Appeals asking it to review the decision that vacated the Department of Labor’s regulation. The Attorney General’s offices in New…
Anil Vazirani asks: “Did You Know Guaranteed Income is Tops on Retirees Wishlist?”
https://retirementplanningscottsdale.com/ Anil Vazirani asks: “Did You Know Guaranteed Income is Tops on Retirees Wishlist?” Monthly guaranteed income is the most important single trait that aging baby boomers look for in a retirement investment, ranked No. 1 or No. 2 by 41% of participants in the latest annual survey of retirement expectations and preparedness conducted by…