Should You Believe What The Mainstream Media Tells You?
February 9, 2011 by Bryan McDonald
Filed under Articles, Featured
I received a response to an article written in Money Magazine from a. colleuge in the industry and it alarmed me. They article called “The Safety Trap” apparently reported skewed, incomplete or false information about Indexed Annuities.
The thing that alarms me about this is that people’s perception of a media outlet like Money Magazine or most other trusted media outlets is that they provide sound and trustworthy information. What was included in this response written by Sheryl Moore, President and CEO of Advantage Group Assoicates, Inc, really raised an eybrow to what mainstream media publishes at times.
Sheryl is an independent market research analyst and works closely with the National Association of Insurance Commissioners (NIAIC). Industry regulators look to her to analyze and gather information about annuity products.
A complete PDF letter explaining the article written and Sheryl’s feedback about inaccuracies can be found here: Money Magazine Response To “Safe Money Trap”
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