Put Clients First When Advising About Annuities

Recently, the question gained further steam when ThinkAdvisor published a Q&A with Fisher Investments CEO Ken Fisher essentially saying that he “hates annuities”– especially variable annuities– because they are a “Ponzi scheme,” sold on “lies” that are “too good to be true.” Moshe Milevsky and others, which took the counter position that annuities, especially…