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

Newsletter - Stable Times
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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