June 22, 2016
House Republicans today released a report outlining a plan to repeal and replace the Affordable Care Act with "an accessible and affordable health care system that promotes quality care and peace of mind."
“With House Republicans releasing a framework for replacing the Affordable Care Act, NAIFA looks forward to working with Congress on health care issues as they draft legislative language,” said NAIFA President Jules Gaudreau. “The new proposal would improve the health care system in a ...
June 15, 2016
The U.S. House Committee on Financial Services is considering the Senior $afe Act of 2016 ( H.R. 4538 ) in a markup session today. The bill would allow insurance and financial advisors to report suspected cases of financial fraud involving senior clients while limiting advisors’ liability when they act in good faith to protect their clients from potential fraud.
NAIFA President Jules Gaudreau made the following statement in a letter of support to the committee:
The National Associ...
June 8, 2016
NAIFA and the American Council of Life Insurers (ACLI) have filed a lawsuit in federal court challenging the U.S. Department of Labor’s fiduciary regulation.
“ACLI and NAIFA do so reluctantly,” ACLI President and CEO Dirk Kempthorne and NAIFA CEO Kevin Mayeux said in a joint statement .
The organizations believe the DOL regulation will “reduce Americans’ access to accurate and valuable information from financial professionals about their 401(k)s, IRAs and other retirement plans, inc...
June 7, 2016
The National Association of Insurance Commissioners (NAIC) has launched Insure U microsite to encourage consumers “to get smart about insurance and your retirement security” and to help them understand that financial security encompasses a broad spectrum of tools, including many insurance-related products and services. The site provides a retirement planning checklist that reflects the NAIC’s commitment to enhance retirement security through consumer education, consumer protection and i...
May 25, 2016
NAIFA President Jules Gaudreau and CEO Kevin Mayeux welcomed attendees to NAIFA’s 2016 Congressional Conference yesterday and spoke about the importance of advisors’ political involvement to their clients and the insurance and financial services industry.
Gaudreau said that while planning and products are the most obvious benefits advisors offer their clients, consumers are also beneficiaries of advisors’ advocacy work.
“But it’s professionals like you, who are politically act...