Lawsuit-based annuities attract interest from broker-dealers

09/26/2011 | InvestmentNews (free registration)

Annuities based on income from wrongful-death or injury lawsuits are increasingly being explored as a possible investment-firm offering, experts say. "Broker-dealers are looking at this as an opportunity to get their brokers in front of a retail client with a unique product," said Altium Group CEO William Coluccio.

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