IRI Updates

Update from IRI: President Signs Legislation Lifting Debt Ceiling; Shutdown Ends

Posted on October 17, 2013

President Obama signed bipartisan legislation this morning to lift the debt ceiling. The bill extends U.S. borrowing authority until February 7. With a compromise in place, the federal government is now reopened.

Nationwide’s John Carter Named New Chairman of the IRI Board

Posted on September 25, 2013

IRI announced the election of John Carter as the new Chairman of the IRI Board of Directors. IRI also announced the election and re-election of Board members as well as the election of officers and Executive Committee members.

IRI Research to Explore Retirement Needs of Same-Sex Couples

Posted on September 24, 2013

IRI announced a new research initiative that will explore the retirement needs of same-sex couples. IRI's focus on this market was heightened by the U.S. Supreme Court's decision in United States v. Windsor.

IRI Hall of Fame Welcomes Three New Members

Posted on September 23, 2013

IRI honored three retirement income professionals for their leadership, vision and contributions to the industry and IRI. Jana W. Greer, Jane M. Mancini, and James A. Shepherdson were inducted into the IRI Hall of Fame.

House Passes Bill Promoting Efficient Insurance Licensing Process

Posted on September 10, 2013

IRI released a statement from IRI President and CEO Cathy Weatherford lauding the U.S. House of Representatives passage of NARAB II legislation.

Sales Swing Upward Across Annuity Industry During Second-Quarter 2013

Posted on September 3, 2013

IRI announced final second-quarter 2013 sales results for the U.S. annuity industry, based on data reported by Morningstar, Inc. and Beacon Research. Industry-wide annuity sales for the second quarter rose 9.9 percent to nearly $54.5 billion.

IRI New Research: DIAs Add to Robust Lineup of Lifetime Income Strategies

Posted on August 27, 2013

IRI released new research exploring the development and introduction to the annuities market of deferred income annuities (DIAs), which are experiencing rapid sales growth and are being offered by an expanding group of insurers.

IRI Supports DOL’s Lifetime Income Illustrations Proposal

Posted on August 7, 2013

IRI issued a statement after delivering comments to the Labor Department's EBSA regarding its Advanced Notice of Proposed Rulemaking, which would require benefit statements to provide lifetime income illustrations.

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