LIMRA LOMA Secure Retirement Institute Board Elects Steve Patterson of Fidelity Investments to be 2019 Board Chair

Lincoln Financial Group’s Jamie Ohl elected vice chair

WINDSOR, Conn., April 11, 2019 – The Secure Retirement Institute (SRI) named Steve Patterson, of Fidelity Investments, to be its new chair in 2019. Jamie Ohl, of Lincoln Financial Group, was named vice chair.

“We are delighted to have two well-respected and accomplished retirement industry leaders take the helm of the SRI board,” said David Levenson, president and CEO of LIMRA, LOMA and LL Global. “I’m confident that Steve and Jamie will provide invaluable guidance and direction to SRI and help identify ways in which the industry can help Americans better prepare for a secure retirement.”

Patterson is executive vice president, sales and relationship management for workplace investing, Fidelity Investments. In this role, Patterson oversees the growth for workplace retirement savings and other benefit offerings for employers of all sizes, including corporate and tax-exempt plan sponsors. With assets under administration of $7.3 trillion, including managed assets of $2.6 trillion, Fidelity provides more than 30 million investors and 22,000 businesses with retirement planning, portfolio guidance, brokerage services as well as offering many other financial products.

Ohl is executive vice president, president of retirement plan services and leads operations for the life and annuity businesses at Lincoln Financial Group. Ohl also serves on the company’s senior management committee. As of Dec. 31, 2018, Lincoln Financial Group held $238 billion assets under management. It is one of the top five sellers of individual life insurance and annuity products in the United States, according to LIMRA research.

“I am honored to be elected vice chair of the SRI board because the work that we are doing at SRI and across the industry to educate savers and develop innovative solutions is critical to helping the next generation achieve retirement readiness,” said Ohl.

The SRI board also announces the following new members:

Gerry Burke, principal, institutional investor group, Vanguard
Bill Harmon, president, retirement corporate markets, Voya Financial
Bryan Hodgens, senior vice president, retirement partners, LPL Financial
Brian McDonald, managing director and head of corporate and digital solutions, wealth management, Morgan Stanley
Ken Pardue, managing director of retirement products and trust, Wells Fargo Advisors
Brant Wong, managing director and head of retirement global strategic relations, J.P. Morgan Asset Management

“There are significant opportunities ahead for the retirement industry to grow and evolve to meet the ever-changing needs of today’s employers,” noted Patterson. “The SRI brings together retirement industry leaders across all sectors to enable effective learning and collaboration that will ultimately improve the retirement outcomes of millions of Americans. We all benefit from SRI’s efforts.”

-end-

About LIMRA LOMA Secure Retirement Institute

The LIMRA LOMA Secure Retirement Institute provides comprehensive, unbiased research and education about all aspects within the retirement industry to improve retirement readiness and promote retirement security. For information on the LIMRA LOMA Secure Retirement Institute, visit: www.limra.com/sri.