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.
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.
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 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.
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.
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 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 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 President and CEO Cathy Weatherford delivered a statement praising the Treasury Department for issuing a final rule to allow pension plan participants to receive a portion of their benefits in the form of an annuity.
IRI today announced a preliminary agenda for VISION: IRI Annual Meeting 2016, the leading conference for the retirement income industry. This year’s event will take place September 25-27 at The Broadmoor in Colorado Springs.