Sen. Warren Probes Annuity Cos. Over Use Of 'Secret' Perks

By Grace Elletson (April 30, 2024, 7:47 PM EDT) -- Large annuity providers are using lavish vacations and other kickbacks to drive sales that disadvantage consumers, Sen. Elizabeth Warren, D-Mass., said Tuesday, demanding information from more than a dozen companies on the heels of a new Labor Department rule aiming to ramp up scrutiny on financial advisers....

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