The Financial Industry Regulatory Authority (FINRA) filed a regulatory complaint against two former brokers from MetLife Securities Inc, (a unit of MetLife Inc). The brokers, Christopher Birli and Patrick Chapin, who both worked for MetLife in Williamsville, New York, until 2012, allegedly engaged in a seven-year scheme to inflate their commissions by having customers switch […]

Many insurance companies are promoting their annuities, indexed annuities and hybrid annuities with a 7% annuity guaranteed income riders due to low interest rates and volatile stock markets. Investors, especially retired investors who may be handling their own investments management, are encouraged to make sure they understand exactly what “guaranteed income” means. The popular 'Income […]

Many insurance companies are promoting their annuities, indexed annuities and hybrid annuities with a 7% annuity guaranteed income riders due to low interest rates and volatile stock markets. Investors, especially retired investors who may be handling their own investments management, are encouraged to make sure they understand exactly what “guaranteed income” means. The popular 'Income […]