NAIFA Blog

Tax Reform Illustrates the Importance of NAIFA Membership

November 15, 2017

“Laws are like sausages. It’s better not to see them being made.”                         - Attributed to Otto Von Bismark ( though he probably didn’t say it )   Dear friends, Times like these are a big reason you are a NAIFA member.* Congress and the administration are deep in the sausage-making process of tax-reform . I don’t need to tell you how important tax laws are to the success of your family, your business, your clients, and our country. Though much is happening behind...

NAIFA Thanks America's Veterans

November 10, 2017

Dear NAIFA Members,   On behalf of NAIFA I would like to thank all of our nation’s veterans. Your service has guaranteed our freedom and provided your fellow Americans with stability for the present and hope for the future. In particular, I would like to send our heartfelt gratitude to NAIFA members who have served our country in the armed forces.   It’s no surprise to me when I see references to military service on the resumes of many insurance and financial advisors. NAIFA members a...

Texas law helps financial advisors combat elder financial abuse

November 6, 2017

In a column published in the Dallas Morning News, NAIFA-Texas President Joseph Orr II says financial advisors are often the first to note the warning signs that a senior citizen could be victim of a financial scam. For one, life savings begin to drain away. “With people age 50 or older controlling more than 70 percent of the nation’s wealth, today’s scammers are more sophisticated than ever before,” writes Orr. “Until now, there was little (financial professionals) could do to act in T...

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DOL Delays Fiduciary Rule

November 2, 2017

Statement from NAIFA CEO Kevin Mayeux, CAE “The Department of Labor today filed its rule with the Office of Management and Budget to delay the applicability date of the fiduciary rule by 18 months, which is a step in the right direction. “NAIFA has worked diligently throughout this process to educate the administration and members of Congress about the rule’s potential unintended consequences that could deprive middle-market savers of access to professional, individualized advice. We ...

NAIFA Issues Statement on Tax-Reform Legislation

November 2, 2017

Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors (NAIFA), issued the following statement on the Tax Cuts and Jobs Act:   “NAIFA is reviewing the legislation released today to ensure that the proposed changes to tax law would strengthen the private sector safety net that millions of Americans rely on for their financial and retirement security.   “NAIFA has been in the forefront of defending retirement savers and preserving the flexibility that they nee...