Wade D. Pfau
The prevailing tack for selling annuities is the same type of shifty pitch on which every Ponzi scheme is premised, according to top money manager Ken Fisher.
“Ponzi schemes’ promised returns are at a level that you can get only with lots of variability and volatility.
Wollman Rusoff, Jane, "Annuity Wars" (2015). In the News. 706.