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 […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, February, 2013.” David Arthur Tetley (CRD #1511967, Registered Representative, Fairfield, Connecticut) was fined $5,000 and suspended from association with any FINRA member in any capacity for four months. Without admitting or denying the findings, Tetley consented to the described sanctions and to […]