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“Ripe For Misrepresentation And Confusion”: Why Retirees Should Proceed Slowly With These Two Investment Products

When it comes to two insurance products that might appear attractive to retirees in this low interest rate environment, today’s article cautions that prospective buyers should look carefully before leaping into these complicated investments. The two products at issue? Indexed annuities and indexed universal life insurance. Here’s what one advisor cited in the article has to say: “With indexed annuities…