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Within, the author talks about how variable annuities have lost their allure as a retirement product, largely in part due to the fact that companies seem to over-promise on the returns that they will deliver. Do you agree? Does this mean agents and brokers should avoid getting into annuities in favor of other products and financial instruments?
Variable annuities, formerly hot, lose their allure - Encore - MarketWatch
Variable annuities, formerly hot, lose their allure - Encore - MarketWatch