Just a few years ago, variable annuities were so popular among insurance carriers issuing them and the wirehouses and other broker-dealer firms selling them, that some ended up getting slapped by FINRA and state regulators for pushing the products even to investors for whom they were inappropriate.
All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.