Stan Haithcock (The Annuity Man) is recognized as a national expert on annuity products. He discusses what to expect for the industry in 2012 and what advisors need to do to succeed. He emphasizes the need for more transparency and says too many advisors don’t fully understand these products.
But anyone who sells annuities knows two things to be true: annuities can deliver significant value to clients and they are also one of the most misunderstood financial products on the market by consumers and professionals.
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