On January 25, 2011, the Aspen Institute
Initiative on Financial Security (Aspen IFS) hosted a Congressional briefing, “Making it Last: Workable Solutions for Lifelong Retirement Policy” on Capitol Hill.
Moderated by Lisa Mensah, Executive Director of Aspen IFS, the briefing brought together leading pension experts and financial services representatives for a deep conversation on both the opportunities and challenges that face policymakers working towards solutions to help more Americans manage their nest-eggs through retirement. Panelists included Jeff Cimini of Fidelity Investments Life Insurance Company, Cindy Hounsell of Women’s Institute for a Secure Retirement, Mark Iwry of the U.S. Treasury, Jamie Kalamarides of Prudential Retirement, Pamela Perun of Aspen IFS, and David Wray of the Profit Sharing/401(k) Council of America.
While discussants presented differing views on how to reform the U.S. retirement system, they all agreed on the importance of responding to the changing retirement landscape and the need to provide stronger solutions — both through better information, education, and production innovation — to help more Americans manage longevity risk in retirement.
To read more about the changing US retirement system and the legal and regulatory hurdles that face policymakers working towards robust solutions to help more Americans manage longevity risk, download Aspen IFS’s white paper, “Retirement Savings: Confronting the Challenge of Longevity”.
