Sammons Executive Joins IRI Executive Committee

The role will make Bill Lowe a more prominent federal retirement policy player.

The Insured Retirement Institute board has added Bill Lowe to its board of directors’ executive committee.

The Washington-based group has been helping annuity issuers get major annuity and retirement plan legislation through Congress at a time when fierce partisan conflicts have slowed most other efforts to pass bills.

Lowe is president of Sammons Financial Group’s Sammons Institutional Group unit. The unit provides mutual funds, individual retirement arrangements and individual annuities through financial institutions and broker-dealers.

He has served on the IRI board since 2012.

His new position will make him a more visible participant in efforts to encourage Congress to pass legislation and that would simplify the process of adding annuitization options to employer-sponsored retirement plans.

The IRI board has also added two new members: Melissa Kivett, an executive vice president at TIAA, and Dylan Tyson, president of Prudential’s retirement strategies business.

Pictured: Bill Lowe. Credit: Sammons Financial Group