September 26, 2011
Letter to the Editor of ABC News
Re: “Index Annuities: Complex, Aggressively Sold Investments” by Ted Schwartz
Dear Editor,
We appreciate Mr. Schwartz’s effort to educate your readers about indexed annuities. Unfortunately much of the information is inaccurate or incomplete. Perhaps that is because Mr. Schwartz is not an employee of ABC News but a certified financial planner who advises consumers to invest in CIFG Funds. We are sure you would agree that a piece submitted by someone who competes with the product being discussed should be subject to an extra degree of scrutiny before your organization gives it legitimacy by posting it on your website.

Read full Letter to the Editor here.