Advisers seek to skirt VA roadblocks

Advisers seek to skirt VA roadblocks

There are 1 comment on the InvestmentNews story from Apr 3, 2009, titled Advisers seek to skirt VA roadblocks. In it, InvestmentNews reports that:

Advisers are being pelted with a dizzying array of new insurance products. But as quickly as products develop, so, too, do the challenges, which include evaluating carriers' financial health and deciding which product might be favorable in a given economic environment.

Join the discussion below, or Read more at InvestmentNews.

Abe

Fo Tan, Hong Kong

#1 Apr 23, 2009
There is enough measures in place (by regulators)to evaluate products as well as their providers / manufacturers to protect the public from them. There is no reason to lay additional challenges on advisors; this is not only redundant but a just a knee jerk reaction from the uninformed or those who do place any value in the role of regulators or their responsibilities (or deflect them to advisors).

Advisors can only be responsible for the intrinsic value of their product and their performance expectations (as stated by the manufacturer). IF Advisors are to be made responsible for the manufacturer’s financial health, they may as well be responsible for the actions of the manufacturer’s employees in case of under performance, negligence, or fraud and the like.

In that case one may as well buy Insurance on existing Insurance policies.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Malvern Discussions

Title Updated Last By Comments
Looking for Malvern area electical, carpentry a... Aug 5 dculver 1
ACME Markets FIRES President Daniel Croce Jul 17 WORD ON STREET 6
Anybody remember the old roller skating rink Ma... Jun '17 dstrohmetz 6
Bishop Platinum (Sep '14) Jun '17 george 3
Dan Croce OUT at ACME Markets Jun '17 Browns Super Stores 3
Review: Wagsworth Manor Pet Resort (May '09) May '17 Gotta love dogs 72
Acme Markets $55 Million Monopoly Game is RIGGED (Jan '14) May '17 juniourbarbosa 67

Malvern Jobs

More from around the web

Personal Finance

Malvern Mortgages