Thursday, September 17, 2015: Managing Your Financial Future in a Rapidly Changing Global Environment

Managing Your Financial Future 

Mr. Paul Schott Stevens, President of Investment Company Institute, will discuss the benefits of defined contribution systems (DC), using the success of 401(k) plans as a case study for how DC plans can increase retirement security for a mobile workforce.

The world’s aging population is expanding rapidly, and nations around the world are grappling with the rapid expansion of their elderly populations and how to help citizens meet their long-term savings needs. Traditional retirement systems, based on pay-as-you-go tax funding or corporate defined benefits, are struggling to meet this challenge. As a result, , more countries are examining defined contribution (DC) systems and considering how to successfully design them in a way that takes into account each country’s culture, history, economy, and political structure. Mr. Stevens will discuss the benefits of a DC system, using the success of 401(k) plans as a case study for how DC plans can increase retirement security for a mobile workforce. In addition, he will offer a recipe for what countries must do to provide secure retirement incomes for their aging populations, with two crucial ingredients—fostering a culture of savings and self-reliance, and ensuring robust, well-regulated capital markets—to provide secure retirement incomes for an aging world.

Since June 2004, Paul Schott Stevens has served as president and CEO of the Investment Company Institute (ICI), the leading association globally of investment funds. Stevens has steered ICI during some of the most challenging years in its history, through the financial crisis and beyond. He has led ICI’s efforts on a series of crucial issues—money market fund reform, passage and implementation of the Dodd-Frank Act, and critically important fiscal and tax issues. He directed the 2011 launch of ICI Global to respond to the globalization of fund investing and regulation, and has consistently championed the role of investment funds and defined contribution plans in providing for retirement.

The Investment Company Institute (ICI) is a leading global association of regulated funds, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITs) in the United States and similar funds offered to investors in jurisdictions worldwide.

 Date and Location

Thursday, September 17, 2015

Sheraton Clayton Plaza Hotel 
Fleur de Lys Room
7730 Bonhomme Ave, Clayton, MO 63105

 Schedule

6:00 pm - 7:00 pm:
Registration and Reception
Cash Bar
Complimentary Soda
Heavy Hors D'oeuvres 

7:00 pm - 8:15 pm:
Speaker's Remarks Followed by Q&A

 Registration Info

Cost: $35.00 per person
Call Jessica Bellomo at 314-727-9988 or email at jbellomo@wac-stl.org