American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors’ (NAIFA)—Utah Government Relations Chair Dori Phillips, issued the following joint statement on the best interest annuity rule adopted recently by the Utah Insurance Department:
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New Rule Strengthens Protections for Utah Annuity Consumers
By NAIFA & ACLI on 12/12/23 11:23 AM
Topics: Legislation & Regulations State Advocacy Press Release Annuity Best Interest Utah
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No Candy for You: DOL Rolls Out Failed Fiduciary-Only Approach Again
By NAIFA on 10/31/23 10:39 AM
NAIFA CEO Kevin Mayeux, CAE, issued the following statement on the proposed Department of Labor fiduciary rule expected to be made public later today:
Topics: Retirement Planning Legislation & Regulations Standard of Care & Consumer Protection Press Release DOL
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NAIFA Offers Congratulations to New House Speaker Johnson
By NAIFA on 10/25/23 4:38 PM
NAIFA congratulates the newly elected Speaker of the House of Representatives Mike Johnson and looks forward to working with him on legislative matters that impact the financial security of Americans and the ability of insurance and financial professionals to serve their clients’ best interests.
Topics: Press Release Federal Advocacy
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NAIFA CEO Represents Advisors and Consumers in Meeting With Administration on DOL’s Fiduciary Proposal
By NAIFA on 10/10/23 11:18 AM
NAIFA CEO Kevin Mayeux, CAE, told the Biden Administration in a meeting that the Department of Labor’s (DOL’s) current efforts to revive a fiduciary-only regulation for financial professionals is unnecessary and likely to harm low- and middle-income consumers.
Topics: Press Release Federal Advocacy Annuity Best Interest DOL Regulation Best Interest White House Fiduciary
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NAIFA CEO Kevin Mayeux: The DOL's Decision to Propose a New Fiduciary Rule Harms Americans
By Kevin Mayeux on 9/9/23 6:02 PM
Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors (NAIFA), issued the following statement on the Department of Labor’s beginning of the regulatory process to propose a fiduciary-only rule:
Topics: Legislation & Regulations Standard of Care & Consumer Protection Press Release DOL
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Oklahoma Becomes 40th State to Adopt Enhanced Protections for Annuity Consumers
By NAIFA & ACLI on 8/16/23 10:37 AM
American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Oklahoma President Whitney Jessee issued the following joint statement on the best interest annuity rule adopted recently by the Oklahoma Insurance Department:
Topics: Press Release NAIC Model Regulation Annuity Best Interest Oklahoma
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NAIFA Members’ Powerful Grassroots Message for Financial Security Hits Home
By NAIFA on 8/1/23 1:50 PM
Congress has begun its August recess, and members of the National Association of Insurance and Financial Advisors (NAIFA) are capitalizing on lawmakers’ annual working session in their home districts by meeting with their Representatives and Senators to strengthen grassroots relationships and discuss issues important to financial professionals and their clients.
Topics: Press Release Grassroots Congress
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New Oregon Law Strengthens Safeguards for Annuity Consumers
By NAIFA on 6/7/23 12:15 PM
American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors NAIFA-Oregon President Kym Housley issued the following joint statement on legislation signed into law in Oregon that strengthens safeguards for annuity consumers:
Topics: Legislation & Regulations Press Release Annuity Best Interest Oregon Supported Legislation
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Florida Governor Signs Enhanced Protections For Annuity Consumers Into Law
By NAIFA & ACLI on 5/26/23 4:30 PM
ACLI President and CEO Susan Neely and NAIFA-Florida President Jeff Chernoff issued the following joint statement on legislation signed into law in Florida that strengthens protections for annuity consumers:
Topics: State Advocacy Interstate Advocacy Press Release Annuity Best Interest Florida
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NAIFA Recognizes Senator Tim Scott as a Former Insurance Agent and NAIFA Member Turned Presidential Candidate
By NAIFA on 5/19/23 1:05 PM
NAIFA recognizes Senator Tim Scott of South Carolina on the announcement of his campaign to run for President of the United States. Scott is a former NAIFA member and prior to serving in Congress was an insurance and financial services professional who built one of the most successful Allstate agencies in South Carolina.