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Last updated on May 25, 2012 at 19:03 EDT

AARP and SIFMA Focus on Solutions for Secure Futures at Retirement Security Conference

April 2, 2008
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AARP and SIFMA will convene a panel of leading economists, academics, government officials, and financial industry experts to address the problems individuals face when planning for a financially secure retirement and discuss solutions for expanding access to worker retirement savings programs.

When:

Friday, April 4

8 – 11:30 a.m.

Where:

Museum of American Finance

43 Wall Street, Manhattan

Who:

The Hon. Anna Escobedo Cabral, United States Treasurer

U.S. Representative Yvonne Clarke

Jim McCarthy, Managing Director, Global Wealth Management, Retirement & Equity Solutions, Morgan Stanley

David C. John, Senior Research Fellow, The Heritage Foundation, and Managing Director of the Retirement Security Project, Brookings Institution

Aimee DeCamillo, Managing Director, Merrill Lynch Retirement Group

Speakers will address the evolution of retirement savings plans and present strategies for expanding coverage and increasing savings among workers.

“The global economy is putting increasing pressure on firms to shift risk to individuals, and too many individuals lack the skills or habits to act prudently,” notes Luci de Haan, acting state director, AARP New York. “We all have a responsibility to act, or we will face an even more insecure future.

“Too many workers remain inadequately prepared for retirement,” said Scott DeFife, senior managing director for government affairs at SIFMA. “Making retirement savings more attractive and attainable to employers and employees are important steps toward building financial security. We need to increase awareness about the options that already exist, and how we can improve them.”