Membership Signals Commitment to Leadership Role in U.S. Retirement Security
Charlotte NC, July 8, 2009 - Impact Technologies Group, Inc. (Impact), a leading manufacturer of software tools for the insurance and financial services industry, signaled its continued commitment to leadership in the retirement income business by announcing it has become a member of the Retirement Income Industry Association (RIIA), a national, non-profit organization whose members are defining the future of retirement security in the United States.
As the Baby Boom generation shifts its focus from accumulating wealth to create a retirement nest egg to achieving a secure, reliable income stream throughout 30 or more years in retirement, as much as $30 Trillion has begun to move. In these challenging times, the insurance and financial services industry must change its orientation and significantly improve products, processes and communications strategies to provide the secure retirement income millions of Americans are seeking. Moreover, insurance and financial advisors must acquire new skills, training and insights to offer effective income-generation solutions for their clients.
According to Francois Gadenne, RIIA’s Chairman and Executive Director, “Through RIIA, our common goal is to influence an industry-wide shift to product and planning strategies as well as advisor education that will address the challenges of creating a secure retirement income. We are pleased that Impact Technologies Group will be involved in supporting our efforts to address the future retirement needs of our population.”
“I am excited to be part of RIIA and participate in the exchange of knowledge among institutions, academics, researchers and producers interested in providing retirement income service and advice,” said Marketing Vice President David Freitag.. “By becoming a member of RIIA, we gain access to the organization’s advisor education resources, research studies, as well as networking opportunities from ‘across the silos’ in our industry, including company executives, academics, and innovators throughout the industry. This access will help Impact continue to offer leading-edge retirement income software analysis solutions to advisors and their clients.”
About the Retirement Income Industry Association
RIIA (www.riia-usa.org) is the premier, national, not-for-profit organization whose members are defining the future of retirement security in the United States. RIIA provides a non-biased forum for sharing information, strategies and research which involve the leading companies in the industry, academia, researchers and professional services firms. The organization offers unprecedented opportunities for networking and accessing the best minds that are addressing the challenges in creating a secure retirement for millions of Americans.
About Impact Technologies Group
Impact Technologies Group, Inc. (Impact) is a leading provider of software based financial tools to the insurance and financial services industry. Since the company's inception in 1981, Impact's products have been distinguished by the innovations behind their designs. Impact software is renowned for its unique use of graphics in both on-screen and printed presentations and is used by advisors throughout the United States and the United Kingdom.
The use of “Real Life Logic”SM, helps advisors easily model and explain their clients options for the future.
Visit www.impact-tech.com for more details.
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Impact Media Contact: David G. Freitag, CLU, ChFC, CRPC
Vice President, Marketing, 704-927-3235, dave.freitag@impact-tech.com
RIIA Media Contact: Susan Bumstead Chanley, 781-587-0115, sbumsteadchanley@comcast.net