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Press Releases

The Insured Retirement Institute's mission is to be a resource to the media by providing information that can be of assistance in the education and better understanding of the role that annuities play in financial retirement plans.

 

Press Releases  

Annuities Marketplace Is Robust, Industry Poised for Growth

The Insured Retirement Institute (IRI) today stated that the insured retirement industry is in a financially strong position and poised for continued growth.

Highway Bill Passes Without Changes to Inherited IRAs

The Insured Retirement Institute (IRI) today released a statement from IRI President and CEO Cathy Weatherford in response to the Senate’s passage of the Highway Investment, Job Creation and Economic Growth Act. An earlier version of this legislation contained a provision that would have limited tax-deferred stretches of IRAs for beneficiaries.

IRI Welcomes Claudia Mansfield Sutton as New COO

The Insured Retirement Institute (IRI) today announced that Claudia Mansfield Sutton has joined the association as its new Chief Operating Officer. Sutton brings to IRI a wealth of experience in government affairs, association management and business.

Variable Annuity Sales Reach Pre-Crisis Levels

The Insured Retirement Institute (IRI) today announced final fourth quarter and year-end 2011 results for the United States annuity industry, based on data reported by Morningstar, Inc. and Beacon Research.

NAIC Confirms CDAs Should Be Classified as Annuities

The Insured Retirement Institute (IRI) today released a statement from IRI Senior Vice President and General Counsel Lee Covington in response to a resolution unanimously adopted by the National Association of Insurance Commissioners (NAIC) Life Insurance and Annuities (A) Committee determining that contingent deferred annuities (CDAs) are annuities best written by life insurance companies and subject to existing state laws and regulations applicable to annuities. Covington testified yesterday in support of the resolution to the Committee before it reached its decision.

IRI: STP Firms Represent Significant Share of VA Sales, Assets

The Insured Retirement Institute (IRI) today released new survey findings on firms' experiences with implementing IRI Straight-Through Processing (STP) standards. IRI also announced that DTCC and VERTEX have entered into strategic alliances with IRI.


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