IRI

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  Training flagged as key to recruiting more female advisors

  By Warren S. Hersch  |  May 6, 2013

  Nearly three quarters of respondents (73 percent) say they would be more likely to pursue careers as financial professionals if on-the-job training were offered. A large majority also express heightened interest if training were available through local colleges and universities (64 percent).

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  Retirement confidence declines among boomers

  By Warren S. Hersch  |  April 8, 2013

  Just 37 percent of boomers are “extremely” or “very” confident that they are preparing adequately for retirement, compared with 44 percent in 2011.

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  LICONY trying to work with DFS on regulatory updates

  By Elizabeth Festa  |  March 28, 2013

  LICONY president Thomas Workman outlined several legislative initiatives to update to NAIC standards.

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  Life insurers launch "fly-in" to prevent fade out

  By Liz Festa  |  March 1, 2013

  The frontline of the industry descended upon Capitol Hill to make sure they are seen as essential.

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  Will concerns hamper guaranteed annuity use in retirement plans?

  By Elizabeth Festa  |  January 31, 2013

  A DOL advisory group was urged to drop liability for plan sponsors that furnish guaranteed products materials to plan participants.

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  “Complex” products risky to insurers, too

  By Elizabeth D. Festa  |  January 10, 2013

  Insurers and consumers who do not understand CDA, GLWB products should proceed with caution, a report warns.

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  CDAs get federal attention; GAO report said to be out soon

  By Elizabeth D. Festa  |  November 30, 2012

  Are feds only monitoring or is there concern? Some say the former, but that could change if greater solvency and reserve concerns become part of the broader discussion.

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  IRI survey points up discrepancy between actual and expected retirement ages

  By Warren S. Hersch  |  September 28, 2012

  More than a quarter of boomer workers say they plan to retire at age 70 or older, but less than 20 percent of individuals age 65 and over were in the labor force in 2011, new research reveals.

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  Contingent Deferred Annuities Face Identity Crisis

  By Elizabeth Festa  |  August 29, 2012

  Perhaps the NAIC should have a naming contest or crowd-source a definition and a name for the product.

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  IRI Report: Annuity Owners Have Higher Retirement Confidence than Non-owners

  By Warren S. Hersch  |  August 28, 2012

  The report reveals that, among boomers who own an annuity, 53.4% are extremely or very confident they will have adequate income in retirement, compared with 31% who do not.