Insured Retirement Institute @IRIonline
The Insured Retirement Institute (IRI) is the leading association for the entire supply chain of insured retirement strategies. IRIonline.org Washington, D.C. Joined June 2009-
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LIMRA reported the strongest first quarter U.S. annuity sales ever. ow.ly/glUB50RvJYx @LIMRA
Congratulations to IRI's Wayne Chopus and Paul Richman for making Washington DC’s 500 Most Influential People of 2024 in @washingtonian Magazine. ow.ly/FIjS50Rv9Fk
DOL’s latest fiduciary rule will significantly impair consumers’ ability to fully take advantage of the intended benefits of two of the most significant retirement security laws in the past decade. ow.ly/nlvf50RsY1L #TenReasonsToOpposeDOLRule
DOL’s fiduciary rule will make it more expensive and difficult, if not impossible, for many consumers to access reliable, professional financial assistance, which will hurt efforts to achieve a financially secure retirement. ow.ly/xhJQ50RsYFQ #TenReasonsToOpposeDOLRule
DOL's latest attempt to impose a one-size-fits-all regulatory standard for financial professionals ignores an enhanced federal-state regulatory framework to protect consumers. ow.ly/x7QY50RsXP1 #TopTenReasonsToOpposeDOLRule
DOL's fiduciary rule reflects an incorrect view that robust federal and state regulations do not effectively protect consumers. DOL offered no current real-world evidence that the existing regulatory framework is not working. ow.ly/NX2150RsXAG #TopTenReasonsToOpposeDOLRule
DOL fiduciary rule is the product of a severely flawed rulemaking process. The rule also defies applicable judicial precedent and the limitations on DOL's rulemaking authority established by Congress. ow.ly/4jHU50RsXxm #TopTenReasonsToOpposeDOLRule
For its latest fiduciary rule, DOL disregarded data showing how millions of lower- and middle-income consumers will be deprived of access to affordable retirement planning assistance. ow.ly/OPEz50RsKOV #TenReasonsToOpposeDOLRule
DOL's investment advice rule will hamper efforts by millions of workers and retirees to achieve a secure and dignified retirement by restricting access to professional financial guidance and protected lifetime income products. ow.ly/gwkw50RsKCu #TenReasonsToOpposeDOLRule
DOL's new fiduciary rule will negatively impact millions of workers and retirees seeking a secure retirement, says Wayne Chopus, President and CEO, IRI, in a blog post this week. ow.ly/Zyyj50RpxGn @TabbFORUM
"Based on our preliminary review, in issuing this unnecessary and redundant rule, DOL disregarded data showing how millions of lower and middle income consumers will be deprived of access to affordable retirement planning assistance.” - Wayne Chopus, IRI 401kspecialistmag.com/fiduciary-rule…
IRI said it wasn’t optimistic that the rule “will heed the substantial stakeholder input and data indicating that this rule will inflict significant harm on consumers." ow.ly/zwrx50RnnWL @MarketWatch
RELEASE: Wagner Slams Department of Labor Fiduciary Rule, Vows to Protect Retail Investors Read here ⬇️⬇️⬇️ wagner.house.gov/media-center/p…
The NAIC continues to have significant concerns about the potential impact of the @USDOL final fiduciary rule on access and choice for American retirees to certain life insurance and annuity products. Read the NAIC's full statement here: content.naic.org/article/naic-r…
As North Dakota’s Insruance Commissioner, I'm deeply troubled by the DOL's new fiduciary rule. It recklessly disregards decades of bipartisan support for life insurance and annuity products that secure our retirees' futures. The rule undermines state-led advancements and erodes…
As North Dakota’s Insruance Commissioner, I'm deeply troubled by the DOL's new fiduciary rule. It recklessly disregards decades of bipartisan support for life insurance and annuity products that secure our retirees' futures. The rule undermines state-led advancements and erodes…
Two-third of Peak Baby Boomers are not Financially Prepared for Retirement prn.to/3JnZbgx #BabyBoomerRetirement #RetirementPlanning #RetirementSavings #RetirementGoals #RetirementReadiness
The U.S. Dept. of Labor issued a rule that will restrict consumer access to professional financial guidance. IRI's Jason Berkowitz said DOL “should have taken longer to review concerns by critics, including some members of Congress and industry.” ow.ly/ht1T50Rmzql @WSJ
Wayne Chopus, President and CEO, IRI, issued a statement today on the anticipated announcement of the U.S. Department of Labor's "Retirement Security Rule: Definition of an Investment Advice Fiduciary" regulation. ow.ly/YNwj50Rmb5T
“Today’s investors are having a tougher time picturing that for themselves as they grapple with inflation and concerns about running out of money in #retirement.”- Eric Henderson, President of Nationwide Annuity. ow.ly/3RYR50RkcW2 @Nationwide
IRI says proposed DOL rule will hurt retirement savers. “Unfortunately, DOL’s proposed regulation will make it much more expensive and difficult, if not impossible, for many consumers to access reliable professional assistance.” - Jason Berkowitz, IRI ow.ly/xp9750RjNzH
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#Annuities address real-life issues facing peak boomers by providing them with protected #retirement income for life. Life insurers are committed to working closely with policymakers to protect access to this important tool. @alincome #ProtectRetirement bit.ly/3w0zZK9
The final fiduciary-only regulation from the @USDOL harms savers’ access to the professional financial guidance they need. It's more important than ever for public policy to expand – not limit – people’s options for #retirement. See our full comments 👇 #ProtectRetirement
RELEASE: Wagner Slams Department of Labor Fiduciary Rule, Vows to Protect Retail Investors Read here ⬇️⬇️⬇️ wagner.house.gov/media-center/p…
DOL's final fiduciary rule will limit options for American savers and retirees and jeopardize their retirement security. @virginiafoxx's statement on the overly burdensome rule⤵️
The NAIC continues to have significant concerns about the potential impact of the @USDOL final fiduciary rule on access and choice for American retirees to certain life insurance and annuity products. Read the NAIC's full statement here: content.naic.org/article/naic-r…
The @USDOL #fiduciaryrule is bad for consumers. It will reduce access to desperately needed retirement products when Americans need them most and will serve to only deepen the savings crisis in this country. Kudos to the @naic and @NdGodfread for taking such strong stands.
As North Dakota’s Insruance Commissioner, I'm deeply troubled by the DOL's new fiduciary rule. It recklessly disregards decades of bipartisan support for life insurance and annuity products that secure our retirees' futures. The rule undermines state-led advancements and erodes…
Couldn’t agree more @Susankneely! The #fiduciaryrule is bad for consumers and will only deepen the retirement crisis in the US. And it unnecessarily preempts state regulations and state regulators who have demonstrated over and over again their commitment to consumer protection.
The final fiduciary-only package from the @USDOL is a threat to #retirement savers across the United States. The regulation limits access and options to guaranteed lifetime income from #annuities. Read our full statement: bit.ly/3QfQEAc #ProtectRetirement
Two-third of Peak Baby Boomers are not Financially Prepared for Retirement prn.to/3JnZbgx #BabyBoomerRetirement #RetirementPlanning #RetirementSavings #RetirementGoals #RetirementReadiness
"..this rule... takes our country in exactly the wrong direction....Our profession is the only one that can deliver the advice and products Americans need to be more financially secure." @CadinMarc Read the full statement here: finseca.org/finseca-ceo-ma…
The @USDOL fiduciary-only rule is out. NAIFA CEO @KevinMayeux: "NAIFA is very disappointed but not surprised that the Department of Labor has hastily published its final rule that places harmful restrictions on American retirement savers." #NAIFAproud hubs.ly/Q02tQrZL0
Today’s finalized fiduciary rule from President Biden’s @USDOL will have far-reaching implications for millions of American families. This rule will throw countless retirement plans, retirees, and savers into a regulatory nightmare. My full statement: allen.house.gov/news/documents…
The proposed fiduciary-only regulation from the @USDOL would make it harder for low- and middle-income Americans to save for #retirement. Watch and learn how this regulation is out of touch with steps that Congress has taken to close #retirementSavings gaps. #ProtectRetirement
ACLI is grateful to join @RepBeatty, @RepYoungKim and other members of the #FinancialLiteracy and Wealth Creation Caucus for the resource fair to share information on the importance of access to a strong #FinancialEducation to build certainty. #FinancialLiteracyMonth
Two-thirds of peak Baby Boomers aren’t financially prepared for retirement—and our current retirement security framework isn’t prepared for them either. The definitive study we’re releasing today looks at the growing #Peak65 crisis and what comes next: protectedincome.org/peak65-economi…
30.4 million Americans will turn 65 before 2030. We interviewed five people entering the #Peak65 zone to match real faces and stories to our new definitive research out today on the impact of this retirement surge. Watch now: protectedincome.org/peak65-economi…
Huge congratulations to the head of our Retirement Income Institute, @JJFichtner, on receiving an Honorable Distinction from @iw_inst for its Journal Research Award! investmentsandwealth.org/about/awards
Brokerage, Annuities Industries Make Last Ditch Effort To Delay DOL Fiduciary Rule @FSIwashington @IRIonline @FaegreDrinker @fredreish @FAMagazine fa-mag.com/news/brokerage…
Celebrate #FinancialLiteracyMonth by taking one simple step today: Get our simple tips on how not to be your own worst enemy when it comes to saving, investing, and planning. protectedincome.org/newcomb/?utm_s…
An “income stage” is the point at which you start receiving income from your annuity. Have more questions about the terminology surrounding financial planning? Visit our Annuities Language Glossary for help: protectedincome.org/annuities-lang…