SAN DIEGO, Calif. - Mining assets being distributed from qualified retirement plans will be a critical issue for firms as baby boomers retire, according to industry executives and consultants who spoke at the 2000 Operations conference of the Investment Company Institute of Washington D.C., held here last week.

"Seventy-seven million baby boomers will retire over the next fifteen to twenty years," said Doff Meyer, senior vice president of marketing at Delaware Investments of Philadelphia. "$10 trillion will be up for grabs in the next decade or two. This is a huge issue and we're talking about a lot of money."

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