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AARP CEO Appointed to Serve on Presidential Advisory Council on Financial Capability


October 12, 2010

CONTACT: AARP Media Relations, 202-434-2560,



WASHINGTON—AARP CEO A. Barry Rand released the following statement following his appointment today to serve on the President’s Advisory Council on Financial Capability.  Rand was one of 12 new members announced today to the Council, which will be comprised of leaders representing consumers, educators and financial services providers and others. Rand’s statement follows:

“AARP believes that increasing financial literacy and including plain language in financial forms and documents is critical to ensuring long-term financial security.  We simply cannot expect Americans to take control of their financial situation without arming them with the necessary tools. 

“My appointment to this Council is a reflection of AARP’s years of dedicated work, with people and groups across the political spectrum, to improve financial literacy for all Americans.  The President’s Advisory Council is drawn from leaders representing consumers, educators, and the business community.  On behalf of AARP’s members and all older Americans, I’m grateful for the opportunity to serve on this Council to help all Americans turn financial security from a dream to a reality.”

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AARP is a nonprofit, nonpartisan social welfare organization with a membership that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 35.1 million readers; AARP Bulletin, the go-to news source for AARP's millions of members and Americans 50+; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

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