"[The purpose of the] research initiative [is] to identify regulatory burdens facing broker-dealers that impede their ability, and financial advisors' willingness, to sell lifetime income products. IRI intends for the research to support its efforts to pursue a one-stop, national insurance agent licensing system, as well as reforms to address other regulatory hurdles. 'We are focused and committed to working with policymakers to reduce barriers to attaining lifetime income so that all Americans may enjoy a financially secure retirement,' IRI President and CEO Cathy Weatherford said. 'This includes identifying and removing regulatory red tape and other obstacles that are preventing the broker-dealer community from making insured retirement strategies more readily available.'"

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