Posts belonging to Category National Planning Group

Investors Lose Big in Variable Annuities that Invested in Hedge Funds


At least a half a dozen independent broker-dealers sold variable annuities reportedly issued by Sun Life Financial, Inc. that lost substantial monies investing in hedge funds. The hedge funds, which used a combination of put and call options to bet that the S&P 500 stock index would not vary outside of a certain range, lost […]