RIIA Committee Seeks Research For Projected Curriculum
June 29, 2008
The Retirement Income Industry Association has created a Peer Review Selection Committee to identify the most effective and practical retirement income strategies for individuals and their financial advisers.
The committee will solicit the best academic research in these areas: retiree income requirements; methods for meeting those requirements; the relative advantages of those methods; industry strategies for applying the methods; and techniques for identifying and implementing the most suitable methods for each retiree.
The articles and white papers collected may be included in RIIA's Body of Knowledge and advisor training curriculum, on which it plans to base a program for issuing a Retirement Management Analyst designation for financial advisors.
The retirement security of Americans rests on how knowledgeable and prepared advisers are in planning for their clients income needs over 30 or more years in retirement, said Rick Miller, chair of the new committee and founder of Sensible Financial Planning, an integrated financial planning and investment management firm based in Cambridge, Mass.
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