Paycheck Protection Program and Health Care Enhancement Act
A summary of the phase 3.5 COVID-19 relief package President Trump has signed into law a fourth piece of legislation in a series of coronavirus relief funding, providing roughly [...]
Joint trades issue comment letter in response to proposed Annuity Suitability revisions
NAFA, along with seven other industry trade associations, including the American Council of Life Insurers (ACLI), the Committee of Annuity Insurers (CAI), the Financial Services Institute (FSI), the Association for [...]
NAFA Expresses Support for Bipartisan SECURE Act Retirement Legislation
On Friday, Mar. 29, a bipartisan group of lawmakers from the House Ways & Means Committee introduced the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. This [...]
After Fifth Circuit Vacates Fiduciary Rule, NAFA & DOL Agree to Drop Lawsuit
Late yesterday, the National Association for Fixed Annuities Board of Directors announced it is withdrawing its lawsuit challenging the Department of Labor “Fiduciary Rule.” In a filing with the U.S. [...]
Fifth Circuit Strikes Down Fiduciary Rule
Circuit Court Rules in Favor of Americans Planning for Retirement Today, March 16, The National Association for Fixed Annuities released the following statement on a decision by the U.S. Court [...]
NAFA Announces Search for New Executive Director
The Board of Directors for the National Association for Fixed Annuities, NAFA, announced yesterday that they are beginning a search for a new Executive Director. After careful consideration of the association’s [...]
NAFA Files Comment Letter to NY Dept. of Financial Services
NAFA submitted a comment letter to the New York Department of Financial Services regarding the Department’s proposed First Amendment to NY Insurance Regulation 187, Suitability in Life Insurance and Annuity [...]
NAFA Files Comment Letter with NAIC
On Monday, Jan. 22, NAFA submitted a comment letter to the NAIC, Annuity Suitability Working Group in response to their request for feedback on proposed revisions to the NAIC Suitability [...]
NAFA Welcomes 2018 Board of Directors
New Leadership Poised to Continue Fight against Unnecessary Regulatory Overreach The general membership of NAFA, the National Association for Fixed Annuities, approved recommendations for its newly elected 2018 board of [...]
Financial Advisor “Despite Delays, DOL Rule Becoming Law Of The Land, Expert Argues”
December 1, 2017 • Tracey Longo “Yes,” National Association for Fixed Annuities Counsel and Director of Government Affairs Pam Heinrich said when asked if the association would proceed with its lawsuit to [...]