Since my previous two articles concerning the possible formation of an agent only organization I called The Annuity Partnership created such a negative backlash, I decided that some “baby steps” may be in order.
So many agents and industry elite told me the numerous reasons why an agent driven non-profit organization would not be effective, and most seemed to think everything will just work its way out of these current problems. I guess you are the same people that think Obamacare will be OK in the end, and to just wait it out. People like to buy the dream, and certainly resist changing from the status quo.
Annuity Surgeon General (Print) WARNING
Since my parents reside in St. Augustine, Florida and live in an agent salivating retirement community, I get to see weekly examples of the postcard pitches they receive. I’ve seen hundreds of them over the last 5 years, and not once was the word annuity mentioned anywhere on the postcard, even though I know that was the obvious endgame.