SEC Proposes Streamlining Index Annuities Registration Process
October 11, 2023 by Tracey Longo
For years, the annuities industry has complained that the registration for new annuities products was needlessly cumbersome because insurers are forced to use non-annuities registration forms and procedures.
Now, the Securities and Exchange Commission has proposed an overhaul designed to streamline the offering, disclosure and advertising framework insurers use for registered index-linked annuities (RILAs), including a new registration form designed for RILA characteristics.
Click HERE to read the full story via Financial Advisor
Wink’s Moore on the Market: No, NO, NO!
This is NOT about indexed annuities, Financial Advisor Magazine!
This is an article about structured annuities.
You see why I don’t like the “Registered Indexed Link Annuities” nomenclature? Too much room for confusion betwee the product lines!
-sjm
