IRI President and CEO Cathy Weatherford’s new book, “Women and Wealth: Inspiring Stories from Real Women on the Path to Financial Success,” is now available to download for free at IRIonline.org.
A new IRI report forecasts that more advisors will embrace holistic retirement planning with a focus on income-generating strategies, as they try to address strong demand for lifetime income while adding value to the client-advisor relationship.
IRI and Fiduciary Benchmarks announced a new IRA tool for financial advisors to gather and evaluate client information to recommend retirement products and services that are in the client’s best interest.
IRI announced final third-quarter 2016 sales results for the U.S. annuity industry. Industry-wide annuity sales in the third quarter of 2016 totaled $51.3 billion. Fixed annuity sales reached $26 billion, while VA sales were nearly $25.4 billion.
CMS announced increased premiums and deductibles for Medicare Part B beneficiaries in 2017. IRI President and CEO Cathy Weatherford said the increases illustrate how rising health care costs will erode Americans’ retirement income.
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. For the seventh time in eight years the COLA was less than 2 percent.
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.
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 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.