Are we fools for a catchy acronym?
August 31, 2021 by Sheryl J. Moore
Remember when the U.S. Securities and Exchange Commission issued that Investor Bulletin on structured annuities, but called them “indexed annuities?”
IT IS FOR THIS REASON THAT I HAVE ALWAYS SUGGESTED WE NOT REFER TO STRUCTURED ANNUITIES AS ANYTHING REMOTELY RELATED TO INDEXED ANNUITIES.
PLEASE do not call them “Registered Index-Linked Annuities” or “RILAs,” folks. The regulators don’t understand our products. We certainly don’t need additional confusion between insurance and securities products.