Consumer

• High Fees and Expenses
• The Hard Sell
• Complexity
• Lack of Good Information
• Loss of Control
• Liquidity Constraints
• Bequest Constraints
• Credit Risk
• Misrepresentation

The following list provides links to some of the key terms discussed in this chapter on

Expenses should be a top priority for any financial services consumer.  Many people have been conditioned to be aware of expenses when it comes to investment products.  Indexed-bases investment management companies such as

Dealing with Complexity

Understanding the vast number of different annuity product types and features can be mind numbingly complex for both consumers and financial advisors.

Product Availability

Just because an insurance company offers a particular type of product does not mean that it is available in your state of residence.