IRI Congratulates Secretary Acosta on his Confirmation

IRI Congratulates Secretary Acosta on his Confirmation

IRI Looks Forward to Collaboration on Retirement Security Policies

WASHINGTON, D.C. – The Insured Retirement Institute today issued a statement from IRI President and CEO Cathy Weatherford to congratulate Secretary Alexander Acosta on his confirmation by the Senate. 

“The IRI applauds Alexander Acosta on his confirmation to serve as the Secretary of Labor. IRI looks forwards to collaborating with Secretary Acosta to pursue common-sense policies benefitting American retirement savers. At a time when more Americans are shouldering the financial weight of retirement themselves, it is vital to develop and implement policies that will encourage Americans to save more for their retirement – including access to affordable financial advice. We urge the Secretary to complete the examination of the Fiduciary Rule as directed by the President, and welcome the opportunity to work with the Secretary to put in place a consistent and workable best interest standard which will allow Americans to achieve a financially secure retirement.”

About the Insured Retirement Institute: The Insured Retirement Institute (IRI) is the leading association for the retirement income industry.  IRI proudly leads a national consumer coalition of more than 30 organizations, and is the only association that represents the entire supply chain of insured retirement strategies.  IRI members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals.  As a not-for-profit organization, IRI provides an objective forum for communication and education, and advocates for the sustainable retirement solutions Americans need to help achieve a secure and dignified retirement.  Learn more at www.irionline.org.

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For a PDF of this release, please click here.
Contact: John B Jennings