National Association of Insurance and Financial Advisors

House Republicans Propose to Replace ACA

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 ...

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NAIFA Applauds Senior $afe Act of 2016

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...

NAIFA and ACLI File Legal Challenge Against DOL Fiduciary Rule

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...

NAIFA applauds NAIC’s Efforts to Raise Consumer Awareness of Retirement Security

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 in...