DOL Panel to Discuss How Business Models Must Evolve in Response to a Trump Administration

Senior Retirement Executives will discuss implications of the new administration on the retirement landscape at the 2017 Retirement Industry Conference.

Windsor, Conn., March 27, 2017 – LIMRA and LOMA Chief Membership Officer James W. Kerley, LLIF will moderate a panel on the Department of Labor Fiduciary Rule, featuring senior industry executives at the 2017 Retirement Industry Conference. The panel will discuss how the industry should prepare and respond to impending regulation in order to serve future generations of retirees. The panel includes:

Jamie Ohl, president, Retirement Plan Services, Lincoln Financial Group
Doug French, FSA, managing principal, Insurance and Actuarial Advisory Services, EY
Hutch Schafer, FLMI, vice president, Business Development, Retirement Plans, Nationwide Financial

“Saying a lot has changed for the retirement industry in the past year would be an understatement. Yet, gambling that you won’t have to prepare for the Department of Labor’s new rule would be a huge mistake,” said Kerley. “Our panelists are leaders in the retirement industry. We are pleased to provide a platform for them to share their insights and knowledge around the potential changes to the DOL rule as a result of the new administration and what that means for companies.”

Opening the conference is Andrew Friedman, principal and founder, The Washington Update. Friedman, an expert in political and legislative affairs, will discuss the wide-ranging initiatives President Trump will seek to enact during his first year in office.

The conference will also feature speakers Matt Thornhill, managing partner, SIR’s Institute for Tomorrow, who will discuss how to reach the boomer generation of consumers and Michael Finke, Ph.D., CFP, dean and chief academic officer, The American College of Financial Services, who will discuss the implications of high asset prices and increasing longevity on retiree spending risk.

Taking place April 26-28, 2017, the annual Retirement Industry Conference event, hosted by LIMRA LOMA Secure Retirement Institute and the Society of Actuaries (SOA), attracts more than 400 retirement industry professionals from companies across the globe to gain insights on the latest industry developments and equip themselves with solutions to address the complex challenges they face every day.

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, please visit the 2017 Retirement Industry Conference.

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About LIMRA

LIMRA, a worldwide research, consulting and professional development organization, is the trusted source of industry knowledge, helping more than 850 insurance and financial services companies in 64 countries. Visit LIMRA at www.limra.com.

About LOMA

LOMA is committed to business partnerships with its over 1,200 world-wide members in the insurance and financial services industry. Our goal is to improve company management and operations through quality employee development, research, information sharing, and related products and services. Visit LOMA at www.LOMA.org

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 27,000 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. www.SOA.org