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You may be interested in viewing this Dateline segment on MSNBC atwww.msnbc.msn.com/id/3032600/">http://www.msnbc.msn.com/id/3032600/. It shows part of an earlier undercover investigation of annuity sales presentations made in seniors' homes. It then goes on to cover the the passage of a new law in New Jersey to require greater disclosure of fees, commissions, and surrender penalties.
This video and its accompanying article should be must viewing/reading for all "no free lunch" monitors. The video/article explain the typical tactic: start with fear (for example, FDIC is underinsured or Medicare will seize ones assets if one enters a subsidized nursing home) and then segue into "safe" equity indexed annuities. This is exactly what happened at the posting "Free Dinner in Fairfax, VA, 10/21/2008." The presenter mentioned several risks facing seniors, then talked about annuities in general, with his specific example being an equity indexed annuity. We as monitors need to be extra vigilant when we see this type of seemingly innocuous presentation.