Evolution & Revolution: A Year of Disruption & Adaptation for the Insured Retirement Industry

Evolution & Revolution: A Year of Disruption & Adaptation for the Insured Retirement Industry

IRI State of the Industry Report Reviews 2017 and Looks Ahead to 2018

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today its released its sixth annual State of the Insured Retirement Industry report, covering trends and events over the past year and their implications for the future. This year’s report includes reviews and analysis of product development, market environment, annuity sales and distribution, and legal and regulatory developments.

“The past year has been a challenging one for the insured retirement industry,” IRI President and CEO Cathy Weatherford said. “Annuity sales are down from their peaks, and persistently low interest rates and regulatory changes have driven manufacturers and distributors to adapt to new paradigms by developing new products and processes. We are, however, optimistic about the future of the retirement income industry, as it remains the sole industry positioned to meet Americans’ growing need for access to retirement solutions and lifetime income products. IRI also remains committed to advocating for common sense policies, like those contained in our Blueprint for Retirement Security, to help Americans achieve their retirement goals.”

For an Executive Summary of the report, click here.