IRI Updates

Social Security COLA of 0.3 Percent Announced

Posted on October 18, 2016

IRI President and CEO Cathy Weatherford issued a statement after it was announced that Social Security recipients would receive only a 0.3 percent COLA in 2017. She noted that COLAs have been below 2 percent in seven of the last eight years.

IRI Honored for Leading National Retirement Planning Coalition

Posted on October 6, 2016

IRI was recognized by the American Society of Association Executives (ASAE) as a 2016 recipient of the Power of A Silver Award. IRI was honored for its efforts leading the National Retirement Planning Coalition.

New Training to Navigate DOL Fiduciary Rule Compliance

Posted on September 28, 2016

announced its plans to unveil training platforms designed to help financial professionals and home office personnel comply with the Department of Labor’s (DOL) fiduciary rule. IRI is partnering with RegEd, Inc. on this training initiative.

Robert DeChellis Elected Chairman of IRI Board

Posted on September 28, 2016

IRI announced that Robert DeChellis, President and CEO of Allianz Life Financial Services, has been elected to serve as Chairman of the IRI Board. IRI also announced the election of Board members, officers and Executive Committee members.

IRI Honors Industry Leaders

Posted on September 26, 2016

IRI recognized Nick Lane, John Brown and Beth Maziad as the 2016 recipients of the IRI Leadership Award. The award honors leaders whose dedicated service and contributions to IRI have supported the organization in achieving its mission.

IRI Issues Inaugural Study on Retirees

Posted on September 26, 2016

Pensions are helping many retirees attain financial security, but replacing them will be a key issue for future retirees. IRI estimates 56 million Baby Boomers will not receive income from a pension and need significant savings to cover the gap.

Senate Finance Committee Approves Retirement Bill

Posted on September 21, 2016

IRI President and CEO Cathy Weatherford issued a statement commending Chairman Orrin Hatch and Ranking Member Ron Wyden after the Senate Finance Committee unanimously voted to advance the Retirement Enhancement and Savings Act.

IRI Announces Market Compensation Survey

Posted on September 21, 2016

IRI and Milliman announced that they will conduct a survey of compensation practices to support efforts by financial services firms and financial professionals to comply with the reasonable compensation standard under the DOL fiduciary rule.

IRI Issues Q2 2016 Annuity Sales Report

Posted on September 14, 2016

IRI announced second-quarter 2016 sales results for the U.S. annuity industry. Industry-wide annuity sales totaled $55.9 billion. Strong fixed annuity sales of $29.5 billion were buoyed by continued robust sales of fixed indexed annuities.

IRI Praises Latest Treasury Effort on Lifetime Income

Posted on September 12, 2016

IRI President and CEO Cathy Weatherford praised the Treasury Department after it issued a final rule to allow pension plan participants to receive a portion of their benefits in the form of an annuity.