Edward Jones doesn’t sell indexed annuities, bucking broker-dealer trend

May 8, 2019 by Greg Iacurci

Edward Jones has taken a contrarian stance on indexed annuities, declining to allow its brokers to sell the annuity products even though its peers are doing so and the products are increasingly popular industrywide.

Click HERE to read the full story via InvestmentNews. 

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Sheryl Moore, president and CEO of consulting firm Moore Market Intelligence, questions whether Edward Jones is acting in its clients’ best interests by not offering the products, arguing that indexed annuities offer more competitive rates than other types of fixed annuities.

Originally Posted at InvestmentNews on May 6, 2019 by Greg Iacurci.