Retirement Income Industry Association

The View Across The Silos

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Monitoring and Managing a Retirement Income Portfolio

RMJ-BTI-Dec2015-200RIIA’s and the RMA®’s Best practices in retirement planning provide advice on Feasibility before Sustainability.

Feasibility is related to RIIA’s Measures of Fundedness(sm) and the Household Balance Sheet View(sm).

Feasibility is an observable measure and it is expressed in dollars.

  • Sustainability is the inverse of “risk of ruin”.
  • Sustainability is a probabilistic opinion subject to a choice of retirement risk model.
  • Sustainability is a model-based opinion that guides how much of the client’s financial assets could be invested in risky assets.

Since the retirement literature documents at least two definitions for risk of ruin/sustainability, seven categories of retirement risk models and because calculated risk of ruin, ceteris paribus, varies across definitions and retirement risk models by a factor of 10 or more, can you see why it is better for the client if your retirement planning process advises about Feasibility before Sustainability?

Press Release, October 15, 2015

RIIA Launches Online Retirement Management Analyst® (RMA®) Designation Program with Salem State University

RIIA Broadens Access to Influential Retirement Planning Designation.

The Retirement Income Industry Association® (RIIA®) has partnered with Salem State University to launch a new online course for financial advisors who wish to pursue the organization’s Retirement Management Analyst® (RMA®) designation. The RMA program, which is taught only at accredited universities, is recognized as one of the most effective retirement planning designations in the financial community. It arms financial advisors with the knowledge and tools to provide the counseling and planning the public is seeking.
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Retirement Management ONLINE Program

Salem State University
Retirement Management ONLINE Program
Level I – October 26 – December 18, 2015
Learn More…

RIIA in the News

RIIA’s Retirement Management Analyst® credentials mentioned in recent article. Credentials to Look for in a Financial Adviser

In LifeHealthPro, Meet 2 thought leaders who aim to revamp retirement planning by Warren Hersch.

Membership Alert

RIIA® has just posted its position on the DOL Proposal on ERISA Fiduciary Status for Investment Advisers (the “Fiduciary Rule”).

RIIA’s competencies are set out in the latest version of RIIA®’s RMA® PROCEDURAL PRUDENCE MAP. You will see that the best practice competencies are of value to the fiduciary and non-fiduciary, alike. And, RIIA remains positioned to contribute to comment papers and submissions to the DOL.

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