Are you worried about getting ripped off by a greedy salesperson who is just trying to earn a massive commission? When it comes to your life savings, are annuity brokers actually legally required to do what is best for your money?

In this video, Shawn Plummer from The Annuity Expert answers whether annuity brokers are required to act in your best interest. The answer is yes! Shawn explains the historical context of bad annuity sales practices—including a true story about an agent who sold so many annuities he bought a yellow Corvette with the perks—and how strict modern regulations have changed the industry to protect you, the consumer.

Shawn breaks down exactly what the "Best Interest" rule means today. He explains how brokers are legally required to document exactly why a specific product is the best fit for your goals, and why they ...