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View More Press Releases by Insured Retirement Institute [IRI]

Press release:

IRI Fact Book 2016 Now Available

Issued by: Insured Retirement Institute [IRI]

Date: May 25, 2016

New Edition Offers Retirement Income Market Information, Research on Lifetime Income Usage Trends, and Annuity Sales Data

WASHINGTON, D.C., May 24, 2016 – The Insured Retirement Institute (IRI) today announced that the IRI Fact Book 2016 – offering the latest retirement income research, industry data, and sales reports for the variable and fixed annuity markets – is now available for financial professionals. The latest edition of the IRI Fact Book provides an overview of changes in the retirement income planning marketplace such as product innovation. The IRI Fact Book also outlines considerations for financial advisors for including lifetime income strategies in retirement plans.

“Total industry-wide annuity sales reached nearly $230 billion in 2015, assets closed the year above $2.67 trillion, and the retirement income industry now serves 30 million consumers,” said Cathy Weatherford, IRI President and CEO. “The IRI Fact Book explores these numbers in detail and offers a one-stop resource on the retirement income market. The IRI Fact Book also provides an in-depth look at the lifetime income strategies financial professionals are using to help their clients plan for a financially secure retirement.”

Produced in collaboration with leading researchers across the industry, the IRI Fact Book is published each year to help financial professionals, public policymakers, journalists, and the entire retirement income industry understand and monitor changes in the marketplace and keep pace with the latest retirement planning trends. The IRI Fact Book also is designed as a training tool and resource for those who are new to the business.

The IRI Fact Book 2016 includes:

  • An overview of advisors’ current retirement income practices
  • Research on consumers’ use of and attitudes toward annuities
  • An update on product development trends and innovations including fixed indexed annuities, investment-oriented variable annuities (IOVAs), and deferred income annuities
  • Primers on Social Security and Medicare and their impact on holistic retirement planning
  • An overview of the regulatory oversight of the annuity marketplace
  • Historical and 2015 annuity sales data
  • Research spotlights on retirement risks, the growth of fixed indexed annuities, and various demographic groups’ attitudes on retirement planning
To view the table of contents from the IRI Fact Book 2016, click HERE.

To download the IRI Fact Book, visit the IRI Marketplace.

About the Insured Retirement Institute:
The Insured Retirement Institute (IRI) is the leading association for the retirement income industry. IRI proudly leads a national consumer coalition of 40 organizations, and is the only association that represents the entire supply chain of insured retirement strategies. IRI members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals. As a not-for-profit organization, IRI provides an objective forum for communication and education, and advocates for the sustainable retirement solutions Americans need to help achieve a secure and dignified retirement. Learn more at www.irionline.org.

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View More Press Releases by Insured Retirement Institute [IRI]


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