Posted by:
Tom Kestler on 8/18/2011
If you want to be entertained for a while, buy me a drink and ask me my opinion on regulation within our industry. For some reason, regulators believe that the best way to ensure customers are protected is to create more paper. I believe you can't regulate ethics. You either have them or you don't. No amount of extra paper will change that.
Now that I've got that off my chest, I want to bring you up to speed on something that directly affects your livelihood. If you sell annuities, you've probably heard rumblings about NAIC and product training. Although I don't think it's remotely possible to make the subject clear, I'll try to at least give you a place to start.
Posted by:
Kestler Financial Group on 2/3/2011
Kim O'Brien, Executive Director of the National Association for Fixed Annuities (NAFA) responds to an inaccurate and misleading article by Jim Pavia of Investment News. Read the
original article on Investment News by Jim Pavia and the
NAFA Response.
Posted by:
Kestler Financial Group on 2/2/2011
Kim O'Brien, Executive Director of the National Association for Fixed Annuities (NAFA) responds to an inaccurate and misleading article posted by Dan Caplinger on the Motley Fool. Read the
original article on Motley Fool by Dan Caplinger and the
NAFA Response.
Posted by:
Kestler Financial Group on 1/20/2011
The January/February 2011 edition of MONEY magazine features a lengthy article by Lisa Gibbs, called “The Safety Trap.” The National Association for Fixed Annuities (NAFA) was pleased that the article does state some positive aspects of fixed indexed annuities. Unfortunately the article’s conclusion clearly advises consumers to not purchase fixed indexed annuities and makes many incorrect conclusions about the products.