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IRI to FIO: Focus on current state of retirement savings

In a letter to the Federal Insurance Office today, the Insured Retirement Institute encouraged the FIO to focus on the insurance regulatory system in the context of the current state of retirement savings in America and the need for consumers to insure against the risk of outliving their assets as...

By Paula Aven Gladych | Updated on December 19, 2011

In a letter to the Federal Insurance Office today, the Insured Retirement Institute encouraged the FIO to focus on the insurance regulatory system in the context of the current state of retirement savings in America and the need for consumers to insure against the risk of outliving their assets as part of any assessment of the regulation of the insured retirement industry.

The letter was in response to the FIO’s request for “Public Input on the Report to Congress on How to Modernize and Improve the System of Insurance Regulation in the United States.”

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