https://www.retirementplanningscottsdale.com/2019/02/28/anil-vazirani-reports-fidelity-being-sued-over-mutual-fund-kickbacks-in-401k-plans/ Anil Vazirani reports Fidelity being sued over Mutual Fund “Kickbacks” in 401(k) Plans as reported in an article in Financial Advisor on Feb 27, 2019, written by Christopher Robbins which states that Boston-based Fidelity Investments is being sued by a 401(k) plan participant over undisclosed fees it collects from mutual funds. The suit, Wong…
Anil Vazirani reports SEC looking into bond trades by insurance companies tied to Guggenheim Partners
https://www.retirementplanningscottsdale.com/2019/02/27/anil-vazirani-reports-sec-looking-into-bond-trades-by-insurance-companies-tied-to-guggenheim-partners/ Anil Vazirani reports SEC looking into bond trades by insurance companies tied to Guggenheim Partners. U.S. securities regulators are reviewing a series of bond trades by three insurance companies tied to Guggenheim Partners LLC, according to people familiar with the matter. The securities and exchange commission has sought information on trades recommended by Strategy…
Fiduciary Anil Vazirani supports & promotes Annuity consumer protection bill
https://www.retirementplanningscottsdale.com/2019/02/07/fiduciary-anil-vazirani-supports-promotes-annuity-consumer-protection-bill/ Fiduciary Anil Vazirani supports & promotes Annuity consumer protection bill SB 1534 that was Introduced by Senators Brophy McGee: Boyer, Bradley, Gowan, Gray, Leach, Navarrete, Otondo, Quezada; Representatives Bolding, Cano, Chávez, Hernandez A, Jermaine, Meza, Terán, Thorpe SB 1534 is an ACT AMENDING SECTION 20-1242.02, ARIZONA REVISED STATUTES; AMENDING TITLE 20, CHAPTER 6, ARTICLE…
Anil Vazirani Questions High Indexed Annuity Return Projections
https://www.retirementplanningscottsdale.com/2019/02/05/anil-vazirani-questions-high-indexed-annuity-return-projections/ Anil Vazirani Questions High Indexed Annuity Return Projections that Aren’t Filed as Securities. If an issuer wants to show consumers that an annuity can earn 10% annually, with no risk, the issuer should file that annuity as a security, and an advisor who tells a consumer about the annuity should have a security license….
Anil Vazirani reports 12 Tax breaks were removed this year
Anil Vazirani reports that some filers may receive a tax break, but some taxpayers may see their refunds reduced due to new deduction rules. The good news is the standard deduction has increased, but personal exemptions have decreased for dependent children claimed. State and local tax deductions have been capped and are no longer unlimited,…
Woodbridge Group to pay 1 Billion for Ponzi scheme & Anil Vazirani proved right once again
Anil Vazirani the first to report conern over financial abuses regarding a new form of proprietary fixed index annuity (FIA) being sold nationwide that swindled thousands of mostly elderly investors. A federal judge ordered Woodbridge Group to pay 1 Billion for Ponzi scheme. Please review the documents below. Our office was the first to flag…
Anil Vazirani reports Stocks and bonds and Target-date funds posted negative returns in 2018
Anil Vazirani reports Stocks and bonds and Target-date funds posted negative returns in 2018. Retirees do not generally expect to see an annual loss on their target-date funds. However, data shows that many plans did last year. “Stocks and bonds, both domestic and international, posted negative returns in 2018, meaning that even diversified portfolios registered…
Fiduciary Anil Vazirani concerned about seniors financial situation in retirement
https://www.retirementplanningscottsdale.com/2019/01/11/fiduciary-anil-vazirani-concerned-about-seniors-financial-situation-in-retirement/ Seniors say their Financial situation is worse in retirement. Transamerica data reports 36% of seniors are worse off financially since leaving the workplace. It’s wise to start planning before you retire and get realistic about how much savings you’ll need to retire. Of course this is going to depend on your health, lifestyle, expenses,…
Fiduciary Anil Vazirani advocates on behalf of consumers to Arizona regulators to investigate potential bait and switch in Index Annuity sales and marketing
https://www.retirementplanningscottsdale.com/2019/01/09/fiduciary-anil-vazirani-advocates-on-behalf-of-consumers-to-arizona-regulators-to-investigate-potential-bait-and-switch-in-index-annuity-sales-and-marketing/ Fiduciary Anil Vazirani advocates on behalf of consumers to Arizona regulators to investigate potential bait and switch in Index Annuity sales and marketing. Anil Vazirani Integrity and Professional Background – Click Here RETIRE AND STAY RETIRED, SAFE, SMART, AND SECURE! Call today for a Complimentary Strategy Session: 1-800-957-5604 x 200 Secured Financial Solutions 14301…
ANIL VAZIRANI SAYS DONT TRUST HYPOTHETICAL ILLUSTRATIONS – Index Universal Life Complex Proprietary Index Annuities
https://www.retirementplanningscottsdale.com/2018/12/12/anil-vazirani-says-dont-trust-hypothetical-illustrations-for-complex-proprietary-index-annuities/ ANIL VAZIRANI SAYS DON’T TRUST HYPOTHETICAL ILLUSTRATIONS when considering Index Universal Life Complex Proprietary Index Annuities. In an article by John Hilton in INFront, John says that The National Association of Insurance Commissioners is tweaking some illustration rules as part of its mission to protect consumers, although not the major overhaul many have requested….