SOURCE: Retirement Income Industry Association

Retirement Income Industry Association

February 22, 2012 07:42 ET

The Retirement Income Industry Association Appoints Wade D. Pfau, PhD, CFA®, as Director of Curriculum for the Retirement Management Analyst(SM) Designation Program

BOSTON, MA--(Marketwire - Feb 22, 2012) - Wade D. Pfau, PhD, CFA®, associate professor at the National Graduate Institute for Policy Studies in Tokyo, Japan, has been appointed Curriculum Director for the Retirement Management Analyst(SM) (RMA) Designation Program, announced Francois Gadenne, Executive Director and Chairman of the Retirement Income Industry Association (RIIA).

The RMA(SM) designation is the only scientifically-based, rigorous retirement planning education and certification serving the financial services industry including defined contribution and retail distribution organizations, financial advisors, broker dealers, banks and insurance companies. Individuals earning the RMA(SM) designation are uniquely prepared to deliver retirement income solutions and services to clients who want a secure income stream and ongoing professional management throughout their retirement years.

As Curriculum Director, Pfau will oversee and review the academic direction of the evolving RMA(SM) curriculum as well as edit and review submissions of annual updates to the RMA(SM) textbook and Retirement Income Body of Knowledge which are the foundation of the RMA(SM) program of study.

Pfau holds a doctorate in economics from Princeton University. An active blogger on retirement research (wpfau.blogspot.com) and a monthly columnist for Advisor Perspectives, a leading online newsletter for financial advisors, he has published research on pensions and retirement planning in journals including Journal of Financial Planning, Journal of Portfolio Management, Retirement Management Journal, The Journal of Investing, National Tax Journal, Financial Services Review, and Journal of Personal Finance. His research has also been discussed in prestigious media outlets such as The Economist, Wall Street Journal, SmartMoney, MarketWatch, Bloomberg BusinessWeek, Financial Advisor, Research Magazine, AdvisorOne.Com, and Pensions & Investments.

"We are thrilled to have a person with such depth of knowledge and experience as Wade become more involved in the rapidly developing retirement income curriculum surrounding the RMA(SM) designation," said Gadenne. "As the only scientifically-based advanced education in this arena, the keen focus is on the quality and timeliness of the RMA(SM) curriculum as a way for financial professionals -- from financial advisors in their own practices to call center personnel at leading financial institutions -- to better serve the millions of Baby Boomers in retirement."

About the Retirement Income Industry Association (www.riia-usa.org)

Founded in 2006 by leading financial companies, advisors, associations and academics, the Retirement Income Industry Association (RIIA) provides a rigorous, research-driven, household-focused foundation for developing retirement solutions to serve retirees today and into the future. A non-profit organization, RIIA achieves its mission through a unique View Across the Silos allowing members to see change and disruption before others while achieving competitive advantage through discussions, advanced education, market insight, research, comprehensive data, standards and thought leadership for successful retirement income management. RIIA members span the entire industry and include banks, insurers, mutual fund companies, brokerage houses, financial advisors and distributors, plan sponsors, researchers, technology companies, marketing firms, academics, and industry media.

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