New legislation targets registered index-linked annuities
Developing a tailored regulatory filing form for RILAs could help investors better understand the product. The proposal has the backing of the insurance industry and investor advocates.
Advocates for streamlining how a certain type of annuity is offered expressed optimism about bipartisan legislation that would require a tailored regulatory filing form that they say will help investors make better decisions about purchasing the products.
Earlier this month, Sens. Tina Smith, D-M
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