NU Online News Service, Oct. 4, 4:15 p.m. — Henderson, Nev.
Members of the National Association for Indexed Products, Reston, Va., voted here at the association’s annual meeting to change its name and broaden its focus.
The new name is the National Association for Fixed Annuities, says Joan Boros, the association’s vice chairman.
NAFA will add a tag-line that identifies NAFA as “The Association for Traditional Fixed and Indexed Products.”
Originally, the 6-year-old trade group focused on preserving, protecting, and defending indexed products, especially indexed annuities. The association now plans to focus on all fixed annuity products, not just fixed indexed contracts.
“We want to broaden our mission,” Boros says.