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EXPECTED RETIREMENT REFORM LEGISLATION TO BE FEATURED AT THE ANNUITY CONFERENCE AND THE PENSION CONFERENCE

Atlanta, February 3, 2004 – Brian H. Graff, Esq., from American Society of Pension Actuaries will share recent developments and what retirement reform legislation is on the horizon at The Annuity Conference and The Pension Conference, to be held March 31-April 2, 2004 in Las Vegas. Graff has had extensive involvement in retirement legislation, including service as a delegate to the White House/Congressional National Summit on Retirement Savings and as legislative counsel to the U.S. Congress Joint Committee on Taxation.

While equity markets have fluctuated significantly over the past few years, the demand for retirement solutions continues to increase, as has the challenges to meet those needs. Congress is constantly considering retirement reform legislation, including annuitization proposals, legislation in response to Enron, defined benefit funding reforms, and the next generation of pension reform.

"Investment and record keeping providers and plan sponsors are struggling to understand and absorb an almost impossible wave of potential change that will dramatically affect almost every aspect of managing and administering a retirement plan," said Kent G. Callahan, president and CEO of Transamerica Retirement Services. "Change is what keeps this industry pointed in the right direction. It is the recent speed and broad scope of change that represents our industry's biggest challenge. These conferences will help industry professionals obtain the knowledge they need to effectively deal with these challenges."

The Annuity Conference and The Pension Conference are hosted by LOMA, LIMRA and the Society of Actuaries. Registered attendees will be able to attend sessions at both conferences and at the Managing Retirement Assets Symposium for no additional charge. Topics will include emerging marketplace trends, strategies for specialty markets, and conservation and asset retention. Registration is $795 for LOMA, LIMRA and Society of Actuaries members and $1,195 for nonmembers for registrations received by March 5, 2004. For more information, visit www.loma.org/annuity.asp or call 770-984-6446.

Editor's Note
LIMRA International is a worldwide association providing research, consulting and other services to nearly 850 insurance and financial services companies in more than 60 countries. LIMRA was established in 1916 to help its member companies maximize their marketing effectiveness. Visit LIMRA International at www.limra.com.

The Society of Actuaries is an educational, research, and professional organization dedicated to serving the public and Society members. Its mission is to advance knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business, and societal problems involving uncertain future events.

 

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