Thursday, January 12, 2006

 

Annuity Anxiety

With Sarbanes-Oxley and the Financial Accounting Oversight Board firmly in place, U.S. regulators are zeroing in ever more closely on other issues they see as the next big threat to investors' wallets. One is executive pay. The other, not yet garnering the same headlines, is the selling to retirees of variable annuities, the long-term, tax-deferred investment plans that have stirred controversy over alleged dubious sales practices across the insurance industry.

Annuity Anxiety
Source: Forbes.com

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