WASHINGTON, D.C. – The Insured Retirement Institute (IRI) is encouraged by the inclusion of lifetime income strategies in the proposed Fiduciary Duties in Selecting Designated Investment Alternatives rule issued by the U.S. Department of Labor (DOL).
IRI supports a more accommodating regulatory framework that facilitates greater use of lifetime income products, such as annuities, in defined contribution plans. Expanding access to protected, guaranteed lifetime income can help more of America’s workers and retirees achieve financial security in retirement.
IRI will discuss the proposal with its members and looks forward to working with DOL and providing the Department with detailed comments.
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
IRI CELEBRATES 30TH ANNIVERSARY AT ANNUAL CONFERENCE
“Working Together, We Can Deliver on the Promises our Industry Makes” WASHINGTON, D.C. – The Insured Retirement Institute (IRI) opened…
IRI ANNUAL CONFERENCE TO OFFER PERSPECTIVES ON MAJOR ISSUES AFFECTING INSURED RETIREMENT INDUSTRY
WASHINGTON, D.C. – The Insured Retirement Institute’s (IRI) annual conference will occur September 21-22 and September 28-29 and will provide…
HOUSE COMMITTEE CONSIDERS WORKPLACE RETIREMENT PLAN MEASURE
IRI Says Bill Will Advance Financial Equity, Security for Workers and Families WASHINGTON, D.C. – Nearly 40 million small business…