Four years after an Ameriprise subsidiary sent disciplinary letters to some employees about variable annuity exchanges, the firm settled a related SEC case that’s the first of its kind. Ameriprise’s ...
The firm's staff encouraged Ameriprise registered reps to offer clients the chance to swap their current variable annuity for a more expensive one. By Mark Schoeff Jr. An Ameriprise Financial Services ...
A variable annuity offers the potential for investment growth along with tax deferral, but at a higher cost compared to fixed annuities. With variable annuities, you can invest in subaccounts like ...
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