Hedge Annuity Sucks Customer Reviews and Feedback
Hedging variable annuity guarantees. Investors' demand for protection against market-related losses has increased significantly. Guarantees magnify an insurer's exposure to market fluctuations, and they can cause extreme financial stress during a market decline.
An investor woefully shares his fears, he bemoans " Well, many times these insurance companies who offer variable annuities don't offer a fixed interest option or money market option in the account. ... Because the funds invested in a variable annuity are in the market, you can potentially lose your money."
Another also posted this social media " Variable annuities typically lack liquidity and can tie consumer money down with prolonged surrender penalty periods. Variable annuities convert lower capital gains rates on taxable income (if the annuity is purchased with after-tax dollars) into a higher tax rate levied on ordinary income."
AnnuityAssoc says"Investors are pouring money into gold as a hedge against inflation on concerns that central banks' and governments'… https://t.co/UYlG57Bcl5"
AlphaVCcoms says"4. There is no excuse not to have outs for the founders & co to be able to buy out the investors WHENEVER THEY WANT… https://t.co/AESP8YgqVt"
In The News
ThinkAdvisor reports"AIG Says Low Rates Likely to Hurt Fixed Annuity Sales: Earnings"
Forbes reports"The Devil In The Details Of Annuities"
ThinkAdvisor reports"How the Hedge Fund Industry Has Changed Since the 2008 Financial Crisis"
Fitch Ratings reports"Fitch Revises Outlook on Prudential PLC to Negative; Affirms Jackson National IFS at 'A+'/Negative"