Monday, July 13, 2009
Unsuitable Annuities Tied To Reverse Mortgages
As more financial advisors sell insurance, a recent report indicates some could be unsuitably cross-selling annuities in conjunction with reverse mortgages... The U.S. Government Accountability Office (GAO) report... cites recent cases in which reverse mortgages were sold to seniors to get them to inappropriately invest in annuities...
FA: Unsuitable Annuities Tied To Reverse Mortgages
FA: Unsuitable Annuities Tied To Reverse Mortgages