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The Insured Retirement Institute's mission is to provide financial advisors and other interested parties with information and resources to assist in a better understanding of annuities and the role of these products in financial retirement planning. IRI provides the industry with educational coursework, consumer pamphlets, industry statistics, Annuity Fact Book, research, and other material.
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Recommended by 42 people Retirement Crisis Shows Need for Insured Retirement Strategies
The Insured Retirement Institute (IRI) today submitted its response to the Federal Insurance Office (FIO) request for comment for “Public Input on the Report to Congress on How to Modernize and Improve the System of Insurance Regulation in the United States.” In the letter, the IRI commends the FIO’s efforts to identify ways to modernize and improve the country’s insurance regulatory system, while examining the availability of insurance products to underserved populations. The Institute also encourages the FIO to focus on the regulatory environment in the context of the current state of retirement savings readiness in America and the need for consumers to insure against the risk of outliving their assets as part of any assessment of the regulation of the insured retirement industry.
Recommended by 60 people Variable Annuities Post Record New Sales
The Insured Retirement Institute (IRI) today announced final third quarter results for the United States annuity industry. Net variable annuity sales were $8.8 billion, the highest level in fourteen quarters when third quarter 2007 levels were $8.9 billion. In addition, revised annuity sales for the third quarter show a greater year-to-year growth, and a smaller quarter-to-quarter decline than originally estimated. Third quarter industry-wide sales were $58.1 billion, up 6 percent from third quarter 2010 sales of $54.5 billion. Compared to second quarter sales of $60.4 billion, third quarter sales were down 4 percent.
Recommended by 44 people 3Q VA Product Changes Slow, Benefits Trend Toward More Generous
Compiled by Morningstar, the report found that variable annuity benefit activity for the third quarter slowed significantly from the robust filings made during the second quarter of this year. In the third quarter, carriers made 40 material changes, down from 162 changes in the second quarter, and down from 106 changes in the same quarter last year.
Recommended by 36 people IRI Comment Letter Regarding Use of Social Media in Insurance
On October 28, 2011, the NAIC Social Media (D) Working Group released a draft White Paper on the Use of Social Media in Insurance. In response to this draft White Paper, IRI submitted a comment letter to the Working Group on November 17, 2011,
Recommended by 57 people IRI's New Retirement Income Guide: "Building Your Future"
This highly anticipated, client-oriented retirement income guide discusses strategies and products for retirement income planning. "Building Your Future" is a first-of-its-kind brochure designed to assist in retirement planning discussions with your clients.
Recommended by 58 people IRI's Retirement Income Guide Now Available
The Insured Retirement Institute's (IRI) FINRA-reviewed brochure, "Building Your Future: Strategies and Products for Retirement Income Planning," and the supplemental matrix, "Retirement Income Strategies & Products at a Glance," are now available.
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