RILA Annuities Are High In Popularity – And Complexity
May 24, 2022 by Doug Bailey
The fastest-growing investment vehicle for retirees can also be the most complicated and attempts to try and simplify the arcane features of the relatively new product can be daunting.
Still, that hasn’t slowed the popularity of the annuities, called RILAs, or registered index-linked annuities – formerly called buffered annuities or structured annuities. RILA sales broke records in the fourth quarter of 2021 and for the year. Click HERE to read via INN.
Wink’s Note: This article really caught me off-guard because so many attest to me at how simple they feel structured annuities are.
In fact, the feedback that I receive is that they are simpler than indexed annuities! (I find this hard to believe, but…)
If you want some insight into the product development of products with indexed interest, Marie-Laure Chandumont from Barclays provides a great rundown in this piece. -sjm
