NAIFA Blog

NAIFA Take 3 Video: Our Advocacy at Work

May 4, 2017

This week, NAIFA’s ability to educate and influence Congress was on display when the Senate passed H.J. 66, a bill that assures state-sponsored plans will not have a free pass from providing protections afforded all other retirement savers. President Trump will sign it into law shortly. NAIFA sent letters to all 535 lawmakers and urged members to contact their senators to support the bill. NAIFA key contacts also made personal phone calls to top congressional leaders, while NAIFA represent...

NAIFA Advocacy at Work: Senate Passes Legislation Requiring State-Run Retirement Plans to Comply With ERISA

May 3, 2017

NAIFA’s advocacy efforts paid off today when the U.S. Senate passed H.J. Res. 66 , a bill under the Congressional Review Act that rescinds the Department of Labor's exemption of state-run retirement plans from worker protections under the Employee Retirement Income Security Act (ERISA). NAIFA sent letters to all 535 lawmakers and urged members to call and email their senators to support the bill. NAIFA key contacts also made personal phone calls to important congressional offices, while...

NAIFA congratulates SEC Chairman Jay Clayton

May 2, 2017

Statement from NAIFA President Paul Dougherty: "I am happy to offer congratulations on behalf of the National Association of Insurance and Financial Advisors to Securities and Exchange Commission Chairman Jay Clayton upon his confirmation by the U.S. Senate,” said NAIFA President Paul Dougherty. “NAIFA looks forward to working with Chairman Clayton and the entire Commission to ensure that regulations affecting advisors and the financial services industry provide adequate investor protecti...

NAIFA Take 3 Video: Upcoming Senate Vote on Exemption for State-Run Retirement Plans

May 1, 2017

The Senate later this week is likely to consider H.J. Res. 66 , a bill that would prevent the Department of Labor from exempting state-run retirement plans from worker protections under the Employee Retirement Income Security Act (ERISA). These protections apply to private market plans, and there is no compelling reason they should not equally apply to retirement plans offered by state governments.    A new NAIFA Take 3 video provides an overview of this important issue.   In it, NAI...

NAIFA Issues Statement on Labor Secretary Alexander Acosta

April 28, 2017

NAIFA President Paul Dougherty released the following statement on the Senate’s vote to confirm Alexander Acosta as the Secretary of Labor:   I would like to offer congratulations to Alexander Acosta on behalf of the National Association of Insurance and Financial Advisors. NAIFA looks forward to working with the Secretary of Labor to ensure that DOL regulations are effective and do not harm the very consumers they are meant to protect.   NAIFA has already submitted data and analysis...