Zachary Parker and Paul Lofties were the recipients of The Retirement Income Industry Association‘s first Practitioner Thought Leadership Award at the organization’s 2011 Spring Conference in Chicago.

Parker, a director of Annuities and Insurance, and Lofties, a vice president of wealth management and acquisitions for Securities America Inc., La Vista, Neb., were presented with the award by Bruce Wolfe, a managing director of Allianz Global Investors, Newport Beach, Calif. The company is a founding sponsor of the award program.

The two executives were recognized for their paper “Capturing the Income Distribution Opportunity: A Historical Analysis of Distribution Philosophies and a Solution for Today.” The article was featured in the inaugural issue of the Retirement Management Journal, a peer-reviewed journal focusing on retirement-income planning and management.

“The paper written by Zachary Parker and Paul Lofties helped to advance the retirement income industry’s body of knowledge by objectively comparing several different approaches to generating retirement income,” says Dana Anspach, chair of the RMJ’s Practitioner Peer Review Committee. “Rather than showing that one strategy is superior, the paper provides the professional with an excellent understanding of the risk/return trade off of each option.”

–Warren S. Hersch