One of our largest competitors in 2019 is based in Toronto. Their annuity ads the last 12 months promised consumers:
- 9% Annual Returns
- From an A+ Rated Company
- With NO Stock Market Volatility
- With a 13% Bonus
- All of the market upside with NO downside
They use a fake testimonial on their website.
They lie and say 16,400 people requested their info in the last week. Which is mathematically impossible.
They lie and say they have been featured in The Wall St. Journal, BBC, The Economist, and ABC News. All lies.
How far are you willing to go to make money? I am unwilling to lie to make money. For me, it’s just not worth it.
In 2020, I plan on making sure the Department Of Insurance, FINRA and the SEC are well informed of what the larger annuity advertisers are doing.
Baby boomers and Seniors in America deserve better. They deserve to be treated with honesty and respect.
Be careful with the vendors you are using. Major changes are coming in 2020.
No “lead” is worth risking your career.
