SEC ruling could amp up RILA accessibility, encourage competition
July 16, 2024 by Rayne Morgan
After months of deliberation, the U.S. Securities and Exchange Commission has adopted tailored disclosure requirements and offering processes for registered index-linked annuities (RILA) and registered market value adjustment annuities.
RILAs must now use the same Form N-4 that variable annuities use, intending to make the registration process more transparent, accessible and efficient. The annuity market was already experiencing record-high sales, but this new ruling could see that growth climb even higher in the months ahead.
Click HERE to read the full story via INN