New NAIFA Center to Advance Thought, Awareness in Long Term Care

March 19, 2018

Center created as consumer needs in LTC planning, advice increase in aging population LAS VEGAS – The National Association of Insurance and Financial Advisors will launch the NAIFA Center for Excellence in Long Term Care to equip agents and advisors with information, designation and educational resources in order to meet consumers’ growing needs for advice and solutions in long term care. Carroll Golden, the Center’s director, announced the launch today before attendees of ILTCI 2018...

NAIFA Advocacy Pays Off: Court Rules in Favor of NAIFA, ACLI, and Others in DOL Fiduciary Rule Suit

March 16, 2018

Dear friends, When the Department of Labor first hinted that it planned to implement a new fiduciary regulation for retirement planning advisors , NAIFA advocacy was ready. We have been there every day, every hour, working with members of Congress, regulators from two administrations, and the federal courts to ensure that the rule did not destroy your business or prevent lower- or middle-income Americans from getting retirement products and advice.   The hard work of our staff and me...

ACLI, NAIFA Issue Joint Statement on Court's Fiduciary Rule Decision

March 15, 2018

The Fifth Circuit Court of Appeals vacated the Department of Labor's fiduciary rule in a split decision that overturned a Dallas district court decision upholding the rule. ACLI President Dirk Kempthorne and NAIFA CEO Kevin Mayeux issued a joint statement that contained the following: “The U.S. Fifth Circuit Court’s decision on the Labor Department’s fiduciary regulation is a win for Americans preparing for retirement.  “The department’s fiduciary regulation has harmed small and ...

NAIFA Statement: Senior Safe Act Passes Senate

March 15, 2018

NAIFA President Keith Gillies issued the following statement on the passage of S.2155:   The Senior Safe Act provides much needed protection for older investors and will allow advisors to better protect their clients’ interests. NAIFA commends the U.S. Senate for passing Senior Safe legislative language as part of the bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act. Advisors are often the first line of defense for scammers looking to take advantage of investors....

NAIFA Leaders Meet With SEC Chairman Clayton

March 7, 2018

NAIFA President Keith Gillies and CEO Kevin Mayeux met with Securities and Exchange Commission Chairman Jay Clayton yesterday to discuss NAIFA’s support for a “best-interest” standard of care for advisors and potential impacts of SEC regulations on advisors and their clients.   Mayeux and Gillies told the chairman that NAIFA members work in communities all across the United States with Main Street clients to help them reach financial goals and protect their families from life’s inevitabl...

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