President, Women's Institute for a Secure Retirement (WISER)
The topic of retirement security has implications for a range of stakeholders—the financial services industry, employers, policymakers, individuals and their families, and societies in general. For so many years, so much of the public discussion on retirement income security has been about inadequate savings. This subject continues to merit significant attention, but now we are starting to look at the phase of retirement itself and asking what people can do to ensure lifetime income and protect themselves from poverty. All stakeholders have a role to play in reframing the way people think about retirement income.
On Thursday, May 20th AARP, American Society of Pension Planners and Actuaries (ASPPA) and WISER will present a day-long Lifetime Income Summit to examine public policy recommendations and investment innovations aimed at better management of retirement income. The summit will provide a forum for discussing the challenges faced by both employees preparing for retirement and employers trying to assist them. Discussion will center on how insurance and financial markets might respond and specifically address questions recently raised by the U.S. Department of Labor and Treasury. Speakers will include Members of Congress, congressional and administration staff, researchers and representatives from the financial and insurance industries.