Originally Posted by rpm
Fixed annuities may not be safe due to risky investments to benefit stock holders Aviva/ Athene is a good example- invested in a bankrupt casino
And what % did that "bankrupt casino" represent of their entire general account? I highly doubt it was more than 1%.
C'mon! There are regulations that need to be adhered to for insurance companies general investment account.
So far, rpm likes to take something they've heard and think it's true without providing any links or content to back up what they are saying, and assuming it's a bigger deal than it really is.