Time Value of Money

According to Cosgrove and Connor (2009), the investment landscape has rapidly evolved over recent years, with complex financial products, depleted 401(k) accounts, scarce pensions, and doubts about the viability of the Social Security system. This can pose a problem for an individual investor as well as an organization that wants to earn revenue from investing. Please read the Cosgrove and Connor article, “Take Heed If Your Clients Are Buying or Selling Annuities: 2009 Brings More Regulatory and Product Changes” and respond to the following questions.

What is the role of the trustee as it relates to investing the money of others?
What are the criteria you, acting in a fiduciary capacity as a trustee for your clients, should examine in considering annuities?
What are the common characteristics of variable annuity and equity-indexed annuity?
Why did the federal government classifying equity – indexed annuities as “securities” under the federal securities laws? Who does it benefit?
List and identify 5 key issues for a client’s investment in, or sale of, variable annuities and/or equity-indexed annuities.
SLP Assignment Expectations
Use the information in the modular background readings as well as resources you find through Proquest or other online sources. Bookmark online financial calculators to assist with the computations or construct EXCEL spreadsheets. Please be sure to cite all sources and provide a reference list at the end of the paper. Submit the paper as a WORD document through the link provided for the assignment.

Each question and or assignment requirement is addressed in the paper
Accuracy of your answers, key points and supporting discussion
Clarity

The paper is well organized, concise, reads clearly, and it is not confusing.
Breadth

The paper presents appropriate breadth covering the assignment questions/requirements
Depth

Presents key points that lead to deeper matters and issues
Integrates several points into coherent conclusions

present your understanding and synthesis of the background material and key concepts. Accordingly, this must be accomplished substantially in your own words.
Use directly quoted material sparingly and only when preserving the exact words of an author is necessary. For purposes of this course, rarely should directly quoted material represent more than 5-10 percent of your entire paper’s content. Composing a paper patched together from mostly quoted material is not acceptable.
Be sure to properly reference all directly quoted material and include the in-text citations. All paraphrased information also requires reference citations at the end of the paraphrased section.

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