National Association of Insurance and Financial Advisors

NAIFA Leading the Effort to Stem Elder Financial Exploitation

January 28, 2019

By Steve Kline   Steve Kline is Director of Government Relations for NAIFA According to an alarming new article in the Wall Street Journal , U.S. banks reported a record 24,454 cases of suspected financial exploitation of seniors in 2018. This represents a 12 percent increase from the previous year and is more than double the amount from five years earlier. Senior financial exploitation is already a very serious issue. Based on data compiled by the American Bankers Asso...

Getting CE Credit for Association Membership

January 16, 2019

By Steve Kline Over the past several years, many NAIFA state associations have been advocating for legislation to allow financial advisors to receive CE credit for their membership and active participation in a professional agent association. We are pleased to say that due to NAIFA’s advocacy, 10 states allow advisors to be eligible for CE credit for their association membership: Arkansas, Georgia, Louisiana, Nebraska, North Carolina, Ohio, Oklahoma, Texas, Utah, and West Virginia. D...

Financial Planning—Now More Than Ever

January 10, 2019

The current federal government shutdown, which has put 800,000 federal workers on unpaid status, underscores the need for Americans to have a financial cushion in place to help them cope with life’s uncertainties. Many of the workers affected by this shutdown are now filing for unemployment and learning how to live on a reduced income—or what is worse—a nonexistent income. NAIFA President Jill Judd, FSS, LUTCF, explains how what she and other NAIFA members each day — create solid financial...

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Standard of Care Issues Move to the Front-Burner (Again)

January 4, 2019

By Gary Sanders   Gary Sanders is Counsel and Vice President-Government Relations at NAIFA. After several years of relative quiet, issues dealing with what standard of care should apply to insurance producers, broker-dealers and their registered representatives have once again become front-burner topics on both the federal and state levels. As you may remember, the Dodd Frank Act of 2010 authorized (but did not require) the SEC to adopt rules addressing the standar...

Wishing You a Happy New Year

January 2, 2019

Dear Friends,   NAIFA CEO Kevin Mayeux On behalf of your NAIFA family, I’d like to personally thank you for participating in the premier association of insurance and financial professionals and wish you a very happy New Year! Last year brought many exciting changes to NAIFA, as your member representatives on NAIFA’s National Council voted overwhelmingly to modernize our association’s structure. We are now a leaner, nimbler NAIFA, with state and large local chapters workin...