NAIFA P+P workshop presenter John Huggard is a sought after expert witness in securities cases and a nationally recognized speaker on the topic of variable annuities. In John's breakout session on Thursday, Sept. 12 at 1:00 pm, he will expose the myths surrounding variable annuities. Financial advisors who sell variable annuities are often faced with several myths about this product. These myths, if not corrected, result in lost sales. Additionally, uncorrected myths convey false information to clients which in turn can lead to potential litigation.
Come to John's workshop at NAIFA Performance + Purpose and learn how to correct each of the following myths:
- Variable annuities are more expensive than mutual funds and other investments.
- Variable annuities are less liquid than mutual funds and other investments.
- Variable annuities do not get a step-up in basis and this is a major drawback to owning variable annuities.
- Variable annuities are taxed more heavily than mutual funds.
- Variable annuities are poor investments for older investors.