The US insurance regulator has developed new guidelines for technical changes to registered index-linked annuity values. These would bring the products in line with traditional variable annuities (VA).
The National Association of Insurance Commissioners (NAIC) has issued an actuarial guideline on registered index-linked annuities (Rila) to finetune the product design of those retirement products amid a significant growth in demand among investors. The new guidelines have been published after a consultation open to public commentary for a 60-day period which ended 22 January of which several industry players chimed in to give their insights, such as Prudential, the American Council of Life Ins
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