Why do the pundits hate annuities? OPINION
January 10, 2017 by Chuck Ritzke
Some of the most popular articles on LifeHealthPro (as measured by the vigorous comments that they engender) are those that take shots at (or sing the praises of) one type of financial or insurance product versus another.
In my opinion, these debates often display serious misconceptions about how insurance products work — and these misconceptions are not limited to a few online comments.
The detractors are often widespread, ranging from “experts” both inside and outside of the insurance business to celebrity financial pundits. It is sometimes hard to tell whether objections are based upon a lack of knowledge or are a dishonest attempt to gain a competitive advantage for the particular hammer in their toolbox.
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