1. Variable annuities have their pros and cons. This link will provide you with a comprehensive summary of this popular financial product. http://www.sec.gov/investor/pubs/varannty.htm
2. The debate over whether active investment management is preferable to a more passive approach using indexed funds and ETFs products has been around for decades. This link will help to clarify this issue for those considering the options. http://www.fragassogroup.com/Articles/BTI.pdf