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More investors now think VAs are OK – but fees still a drag

Variable annuities, which combine mutual-fund-like investing with income or other guarantees, are as controversial as ever — but investors increasingly are considering purchasing them, financial advisers say

Variable annuities, which combine mutual-fund-like investing with income or other guarantees, are as controversial as ever — but investors increasingly are considering purchasing them, financial advisers say.

“Every [variable annuity] product has an Achilles' heel,” Bruce C

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