Advocating to Protect the Future of Fixed Annuities
As one of NAFA’s three pillars, advocacy is an essential part of our efforts to promote the awareness and understanding of fixed annuities as a tool for helping consumers secure their retirement future. We do so by engaging in legal, legislative, and regulatory activities at the state and federal level on the issues that affect NAFA members’ businesses and the consumers they serve. NAFA’s Government and Legal Affairs Committee (GLAC) is at the forefront of this work, and is supported by grassroots and grasstops efforts of members and outreach in partnership with our sister trades.
The Advocacy section of this site is designed to provide you with quick information on current legal, legislative, and regulatory issues at both the state and federal levels so you can stay informed on the key events impacting our industry. To view this information, log in as a NAFA member. Not a member? Join today and receive your all-access pass!
Additionally, the Department of Labor issued a “new” fiduciary rule, Improving Investment Advice for Workers and Retirees (PTE 2020-02), in February 2021 targeted at workplace retirement plan rollover recommendations. The DOL has announced it will continue to review the new rule and how, more generally, it regulates fiduciary investment advice. Join NAFA for access to our monthly advocacy newsletter, The Call, and for up-to-the-minute alerts on important regulatory developments.