Financial Engines Hosts Retirement Income Summit
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Thought leaders from academia and industry to share new research on the retirement income challenge

PALO ALTO, Calif., Jun 22, 2010 (BUSINESS WIRE) --Financial Engines (NASDAQ: FNGN), the leading independent provider of investment management and advice to participants in retirement plans, today announced the speakers presenting at the first ever Financial Engines Retirement Income Summit, hosted by The Financial Engines Retiree Research Center. Taking place on Tuesday, June 22, 2010 in Menlo Park, California, the daylong summit will highlight the latest research by thought leaders in investment management, behavioral finance and academia, including the work of the Retiree Research Center and the Stanford Institute for Economic Policy Research.

"As members of the Baby Boom generation begin to retire amidst a financial landscape that looks very different than when their parents retired, solving the retirement income puzzle has become one of the most important financial challenges of our time," explained Jason Scott, managing director for The Financial Engines Retiree Research Center. "We've been committed to conducting academic research in this area and look forward to a healthy discussion on the implications of the research at the Retirement Income Summit."

Speakers scheduled to present research at the Summit include:

Speaker

Topic

William Sharpe,

Nobel Laureate and

Co-Founder of Financial Engines

Financing Retirement: Individual and Collective Approaches

John Shoven,

Professor of Economics, Stanford University and Director of the Stanford Institute for Economic Policy Research,

Board Member, Financial Engines

New Age Thinking: Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Government Policies and GDP

Wei-Yin Hu,

Director of Financial Research, Financial Engines

The Annuity Puzzle: Rational Reasons Why People Prefer Lump Sums

Jason Scott,

Managing Director, Financial Engines Retiree Research Center

Bridging the Gap Between Economic Theory and Practice: Translating Preferences into Efficient Investment and Spending Strategies

Christopher Jones,

Chief Investment Officer, Financial Engines

Plan Sponsor Roundtable: Retirement Income in DC Plans

The Retiree Research Center is dedicated to helping retirees maximize their standard of living in a world of uncertain investment performance, uncertain longevity, and uncertain health care costs. Published research from the Retiree Research Center to be discussed at the Summit can be found at http://corp.financialengines.com/employer/research_and_resources.html, while research published by the Stanford Institute for Economic Policy Research can be found at http://siepr.stanford.edu/pubsarchiveorg/1/dpa.

About Financial Engines, Inc. (NASDAQ:FNGN)

Financial Engines is a leading independent investment advisor committed to providing everyone the trusted retirement help they deserve. The company helps investors with their total retirement picture by offering personalized retirement plans for saving, investment, and retirement income. To meet the needs of different investors, Financial Engines offers both Online Advice and Professional Management. Co-founded in 1996 by Nobel Prize-winning economist Bill Sharpe, Financial Engines works with America's leading employers and retirement plan providers to make retirement help available to millions of American workers. For more information, please visit www.financialengines.com.

SOURCE: Financial Engines, Inc.

Financial Engines
Asma Emneina, 650-565-7799
PRTeam@financialengines.com