WINDSOR, Conn., July 20, 2020—With a global pandemic, record low interest rates, new and complicated regulations, and ever-increasing consumer expectations, financial services firms are facing unique challenges.
The 2020 Life and Retirement Virtual Conference, on Aug. 25-26, will focus on the latest strategic, sales, product, operations, marketing and distribution trends, along with regulatory issues that affect the financial services industry. LIMRA, LOMA, the Secure Retirement Institute (SRI), the American Council of Life Insurers (ACLI) and the Society of Actuaries (SOA) are partnering to focus on the forces shaping the future of the life insurance and retirement industries.
The conference’s keynote speaker, Quincy Krosby, Ph.D., chief market strategist, Prudential Financial, will discuss the monetary and fiscal demands caused by the COVID-19 pandemic, and what we can expect in terms of continued monetary support from the federal government. She will also examine how today’s monetary environment will impact the financial services industry, and how navigating in an environment of seemingly “lower for even longer” rates will require a search for yields across all asset classes.
Additional speakers include:
- A panel of experts from the ACLI will provide a review of the most pressing legislative and regulatory issues facing the industry today including policymaking during the pandemic and the effect on pivotal issues such as underwriting and retirement security.
- Dave Goehrke, assistant vice president, Business Development, UW Client Solutions, will moderate a panel on accelerated underwriting with Mary Lesch, Ph.D., associate research director, LIMRA, and Lisa Seeman, FSA, MAAA, second vice president and actuary, Munich Re. The panel will explore recent research on accelerated underwriting and what we can expect going forward as a result of the COVID-19 pandemic.
- Secure Retirement Institute leaders Todd Giesing, director of annuity research, and Teodor Panaitisor, research analyst, will explore how recessions have impacted the individual annuity market in the past and the potential impact to investors going forward.
- Benjamin Thomason, executive vice president, Revenue, Vestwell, will discuss how technology trends are changing the very foundation of defined contribution (DC) plans, recordkeeping and investments, as well as the value proposition for all concerned.
In addition to the speakers, throughout the virtual conference there will be time to visit the virtual exhibit hall and network in chat lounges.
Members of the press are welcome to attend the event at no cost. Please email media contacts below for more details.
For more information and to register online, please visit: 2020 Life and Retirement Virtual Conference.
Serving the industry since 1916, LIMRA helps to advance the financial services industry by empowering nearly 700 financial services companies in 53 countries with knowledge, insights, connections, and solutions. Visit LIMRA at www.limra.com.
Established in 1924, LOMA helps to advance the financial services industry by empowering more than 900 financial services companies in 57 countries with knowledge, insights, connections, and solutions. Visit LOMA at www.loma.org.
About Secure Retirement Institute®
The Secure Retirement Institute® (SRITM) provides comprehensive, unbiased research and education about all aspects of the retirement industry to improve retirement readiness and promote retirement security. For information on the Secure Retirement Institute, visit: www.limra.com/sri.
About the ACLI
The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 280 member companies represent 94 percent of industry assets in the United States. Visit ACLI.com.
About the SOA
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 31,000 actuaries as members. Through research and education, the SOA's mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal challenges. The SOA's vision is for actuaries to be the leading professionals in the measurement and management of risk. Visit soa.org.