On Retirement

IRI backs retirement income designation

IRI endorses program by The American College

Aug 20, 2012 @ 3:01 pm

By Mary Beth Franklin

In one of my first blogs for Investment News earlier this year, I suggested I suggested that such a program should focus on cash flow in retirement, maximizing Social Security benefits through the proper claiming strategies and evaluating products to create income such as annuities, dividend paying stocks, master limited partnerships and REITs.

I asked InvestmentNews readers to weigh in on the idea. Some of you thought additional training would be helpful; others thought yet another professional designation in a niche field was overkill.

Well, for those of you interested in honing your retirement income planning skills, now you have several options.

The Insured Retirement Institute (IRI) announced today that it has endorsed a new designation focused exclusively on retirement income planning. The Retirement Income Certified Professional (RICP) curriculum offered by The American College features online video lectures and interviews with top retirement income specialists, supplemented with additional materials and a study guide.

Three courses are required to complete the RICP designation. The first, “Retirement Income Process, Strategies and Solutions” is currently available. The remaining courses, “Sources of Retirement Income” and “Managing Retirement Income Plans” will be rolled out during the next six months. The new-student fee will be waived for IRI members who register for the course through the organization's website (www.myirionline.org).

In May, the Retirement Income Industry Association (RIIA) announced its new Retirement Management Analyst designation available upon completion of either online or in-person educational programs offered through three universities around the country. It's designed to serve the advanced education needs of advisers and professional across the financial services industry.

One of the RIIA-approved programs, the five-week Retirement Management program at Boston University, is offered on line three times a year: fall, spring and summer. If you're interested, you better hurry. The fall 2012 semester begins September 4.

Texas Tech University in Lubbock, TX, offers a five-day in-class intensive seminar twice a year, spring and fall, that includes lectures and lab assignments. Salem State University in Salem MA, offers a five-day in class seminar during the summer. You just missed it. It was held last week, but there's always next year.

For details on all three Retirement Income Management programs, go to www.riia-usa.org/training .

The College of Financial Planning offers a 12-week self-study course to earn its Chartered Retirement Planning Counselor designation. For details, visit www.cffpinfo.com/retirement.html .

0
Comments

What do you think?

View comments

Recommended next

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print