(Source: Business Wire)

As the dust settles from one of the worst economic slides in American
history, now is the time for financial professionals to step in and help
Americans rebuild. That is the message from Daniel Houston, president of
retirement and investor services at the Principal Financial Group®,
in the opening keynote address to the 2nd Annual Retirement Income
Symposium, Oct. 19 -- 20 in Chicago, Ill.
Sponsored by the Summit Business Media Group, the theme of the
conference is "Solutions for the New Retirement Reality," a look at the
newest resources for financial professionals to address the issue of
retirement income.
Houston's presentation, "Rethinking Retirement," will focus on what
Americans need and want from advisors in the wake of the financial
crisis.
"My message to financial professionals about investors is you have
their attention.' The economic downturn has been a big wake-up call.
Americans are rethinking their spending and saving habits as well as
their dreams and hopes for retirement," said Houston. "Advisors can play
a critical role in helping individuals refocus on savings and rebuild
financial confidence: the first steps toward creating a secure
retirement income."
For more information about Houston's comments or to set up an interview,
please contact Terri Hale, 515-283-8858, hale.terri@principal.com.
About the Principal Financial Group
The Principal Financial Group® (The Principal®)1
is a leader in offering businesses, individuals and institutional
clients a wide range of financial products and services, including
retirement and investment services, life and health insurance, and
banking through its diverse family of financial services companies. A
member of the Fortune 500, the Principal Financial Group has $257.7
billion in assets under management2 and serves some 18.8
million customers worldwide from offices in Asia, Australia, Europe,
Latin America and the United States. Principal Financial Group, Inc. is
traded on the New York Stock Exchange under the ticker symbol PFG. For
more information, visit www.principal.com.
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1 "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
2 As of June 30, 2009
A service of YellowBrix, Inc.