{"id":29697,"date":"2023-11-15T22:39:15","date_gmt":"2023-11-16T04:39:15","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=29697"},"modified":"2023-11-15T22:39:15","modified_gmt":"2023-11-16T04:39:15","slug":"annuity-fraud-law-firm","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/","title":{"rendered":"Annuity Fraud Law Firm"},"content":{"rendered":"<p><strong>Are You A Retiree Who Suffered Serious Variable Annuity Losses?<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>Investors File FINRA Lawsuit Seeking Up To $1M In Damages from Ameriprise Financial<\/strong><\/p>\n<p>For years the Financial Industry Regulatory Authority (FINRA) has been cautioning brokers against selling variable life insurance to retirees. The self-regulatory organization (SRO) has even said that certain products, such as deferred variable annuities, could be too risky for many older retirees. Yet that hasn\u2019t stopped many financial advisors from unsuitably recommending that seniors use their retirement money to invest in\u00a0<a href=\"https:\/\/www.investorlawyers.com\/variable-annuities.html\">variable annuities (VAs).<\/a>\u00a0Such investments tend to be illiquid and are generally long-term investments, while many older investors, because of their age, are\u00a0best suited for financial products with shorter-term investment horizons and aren\u2019t too volatile or high-risk. It is important to note that this holds true even with VAs that come with riders specifically for seniors.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/\"  title=\"Continue Reading Annuity Fraud Law Firm\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Are You A Retiree Who Suffered Serious Variable Annuity Losses? \u00a0Investors File FINRA Lawsuit Seeking Up To $1M In Damages from Ameriprise Financial For years the Financial Industry Regulatory Authority (FINRA) has been cautioning brokers against selling variable life insurance to retirees. The self-regulatory organization (SRO) has even said that certain products, such as deferred [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":29718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4933,3762,4055],"tags":[4981],"class_list":["post-29697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annuity-fraud","category-current-investigations","category-featured-investigation","tag-annuity-fraud-law-firm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Annuity Fraud Law Firm<\/title>\n<meta name=\"description\" content=\"Are You A Retiree Who Suffered Serious Variable Annuity Losses? The SSEK Annuity Fraud Law Firm could help you recover losses\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Annuity Fraud Law Firm\" \/>\n<meta name=\"twitter:description\" content=\"Are You A Retiree Who Suffered Serious Variable Annuity Losses? The SSEK Annuity Fraud Law Firm could help you recover losses\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/10\/Annuity-Fraud-Law-Firm.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Annuity Fraud Law Firm","description":"Are You A Retiree Who Suffered Serious Variable Annuity Losses? The SSEK Annuity Fraud Law Firm could help you recover losses","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/","twitter_card":"summary_large_image","twitter_title":"Annuity Fraud Law Firm","twitter_description":"Are You A Retiree Who Suffered Serious Variable Annuity Losses? The SSEK Annuity Fraud Law Firm could help you recover losses","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/10\/Annuity-Fraud-Law-Firm.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Annuity Fraud Law Firm","datePublished":"2023-11-16T04:39:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/"},"wordCount":650,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/10\/Annuity-Fraud-Law-Firm.jpg","keywords":["Annuity Fraud Law Firm"],"articleSection":["annuity fraud","Current Investigations","Featured Investigation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/","url":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/","name":"Annuity Fraud Law Firm","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/annuity-fraud-law-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/10\/Annuity-Fraud-Law-Firm.jpg","datePublished":"2023-11-16T04:39:15+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Are You A Retiree Who Suffered Serious Variable Annuity Losses? 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