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Home > Library > Stable Times > Volume 2, Issue 5

Newsletter of the Stable Value Investment Association
December 1998 • Volume 2 Issue 5
An Introduction & Making Stable Value Part of the Retirement Solution
By Gina Mitchell, SVIA President
I have to say thank you for
giving me this great opportunity to work with you as president. We have
shared an exciting and challenging two months together.
Because of the collective efforts
of many members, the National Forum, highlighted in this newsletter, was
a great success. Not only was the conference informative, it was both
dynamic and entertaining with great speakers like Chris Matthews, Mike
McCurry and Ken Kies.
Many thanks go to the Program
Task Force and the Sponsors and Patrons. A special thanks to John Milberg
who guided the meeting and David Perry who was a wonderful co-chair. It
was a pleasure meeting all 240 of you even if it was a bit daunting and
over such a concentrated time--two and a half days.
SVIA is in an enviable position.
The industry has a great story to tell and the timing is right. Babyboomers
are struggling to: save and (some) even pay for their children's college
tuition, take care of aging parents and anticipate their own retirement
needs. After almost seven and a half years of an equity market that stayed
up, it went down and became a roller coast ride, thanks to the return
of market volatility. As belief in aliens steadily increases, the public
and their elected officials also seem to be realizing that Social Security
was never meant to be the only source of retirement income.
These events give SVIA the opportunity
to tell the public how stable value can be used to build retirement security
and to participate in the national retirement debate. I look forward to
working with you to ensure that SVIA is part of the retirement solution.
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