Thursday, March 18, 2010

 

Study: Indexed Annuity Complaints Keep Dropping

Complaints about indexed annuities decreased by over 45% in 2009 compared to two years prior, according to a new study.

Advantage Compendium Ltd., St. Louis, reports that finding in a report on indexed annuity consumer complaints that were coded by the National Association of Insurance Commissioners, Kansas City, Mo.

In 2009, there was one complaint about indexed annuities for every $201 million of index annuity premium, say the researchers...

L&HN: Study: Indexed Annuity Complaints Keep Dropping

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