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Aspen IFS’s Testimony at the Department of Labor and Department of the Treasury’s Public Hearing on Lifetime Income

September 16, 2010  • Institute Contributor

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Pamela Perun, Policy Director of the Aspen Institute Initiative on Financial Security, testified before the Department of Labor and Department of the Treasury on the topic of fiduciary safe harbors for the selection of lifetime income issuers and products. Perun’s testimony was one of approximately 45 that were delivered at the two-day public hearing. The Agencies urged panelists to recommend measures to improve the adoption of lifetime income options, helping more Americans to enjoy financial security throughout retirement.