Beware of ‘Independent’ Investing Research

August 16, 2010  |  

(Wall Street Journal) — As retirement investments, annuities have had their share of critics. But these days, when there’s an argument, people in favor of the pension-like products have the ultimate trump card: an authoritative report by experts from the University of Pennsylvania’s prestigious Wharton School. In it, finance professors address seven common annuity questions as “myths,” knocking each one down in turn, and say that experts worldwide have decided they’re “the best way to go.”

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