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Symetra Investment Services, Inc. to Host Retirement Income Summit

Tuesday, June 26, 2012 1:45 PM

Symetra Investment Services, Inc. (SIS), an independent broker-dealer, will host industry leaders and investment managers from around the country at its “Retirement Income Summit” on June 28, 2012 in Seattle.

“As traditional pensions vanish — along with their promise of a steady stream of income for life — American consumers face the daunting task of managing personal investment accounts to ensure their money lasts throughout retirement,” said Richard Moran, president of SIS. “A goal of the Summit is to bring together some of the most respected leaders in the retirement-income space to share ideas for solution sets and training that better prepare retirees and their financial advisors for the challenging road ahead.”

Three industry thought leaders will address the challenges and opportunities of the retirement-income planning landscape from a practice management, institutional and behavioral perspective:

Francois Gadenne — Gadenne is co-founder, chairman and executive director of the Boston-based Retirement Income Industry Association (RIIA). Drawing members from all segments of the financial services industry, the RIIA’s View Across the Silos perspective was developed to help investors, distributors and manufacturers in the financial industry transition from investment accumulation to retirement management and income protection.

Gadenne will speak to the RIIA’s efforts to unite and leverage the industry’s thought leadership and innovation to help drive a greater focus on retirement income planning.

Jack Sharry — Sharry is executive vice president of Strategic Development at LifeYield, a technology solutions provider that equips financial advisors with solutions for managing a household's multiple taxable and tax-advantaged accounts. Sharry has nearly 30 years experience in financial services holding senior positions at several of the world's leading asset management, insurance and annuity companies and broker-dealers. He also serves as chairman of the Retirement Solutions Committee for the Money Management Institute, the national organization for the advisory solutions industry.

Sharry will address some of the challenges facing firms in the retirement-income space and outline the components of a comprehensive and successful retirement-income program.

Dan Veto — Veto is founder and managing partner of Retirement Spark!, a research and consulting firm designed to help institutions, their distribution partners and individuals ignite their retirement initiatives. Veto previously was with Age Wave, where he led the development and implementation of a proprietary research-based survey and reporting tool designed to help financial advisors understand their clients’ retirement needs.

Veto will focus his remarks on the implications of the new retirement landscape—from a client perspective and in terms of the business opportunities for firms and advisors who operate in the retirement space.

“Many companies are attempting to address the issues and challenges of retirement-income planning, but a true solution will require collaboration across insurance companies and practitioners, asset managers and software firms,” said Moran. “With the Retirement Income Summit, SIS hopes to foster and contribute to this vitally important conversation.”

Tom Marra, president and chief executive officer of Symetra Financial Corporation, will join Moran in facilitating a dialogue and idea-exchange among the guest speakers and SIS partner attendees.

About Symetra Investment Services, Inc.

Symetra Investment Services, Inc. is a broker-dealer and registered investment advisor subsidiary of Symetra Financial Corporation (NYSE:SYA), a diversified financial services company based in Bellevue, Wash. For more information about SIS, visit www.sisadvisor.com.

AOXP-397 6/12

(Source: Business Wire )
(Source: Quotemedia)

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