NAFA Welcomes 2025 Board of Directors
Board Leaders Ready to Work with Staff and Membership to Craft and Enact a Bold Vision for NAFA 2030 WASHINGTON (Jan. 13, 2025) — The general membership of NAFA, [...]
NAFA Honors Passionate Industry Champion Rod Mims with 2024 Bo Johnson Spirit Award
WASHINGTON (Nov. 7, 2024) — NAFA, the National Association for Fixed Annuities, presented revered distribution leader Rod Mims with the 2024 Bo Johnson Spirit Award for Lifetime Achievement for his [...]
U.S. Court Issues Stay Halting Implementation of Labor Department’s Fiduciary-Only Regulation
WASHINGTON (July 27, 2024) — The American Council of Life Insurers (ACLI), National Association of Insurance and Financial Advisors (NAIFA), NAIFA-Texas, NAIFA-Dallas, NAIFA-Fort Worth, NAIFA-POET, Finseca, Insured Retirement Institute [...]
Labor Department Repeats Past Mistakes in Latest Fiduciary-Only Regulation
WASHINGTON (Apr. 30, 2024) — The fiduciary-only regulatory package rolled out by the U.S. Department of Labor last week is nothing more than a repackaging of its failed 2016 regulation, [...]
DOL Finalizes Plans for Fiduciary-Only Regime
New Rulemaking Package Ignores Industry Concerns, Puts Independent Annuity Professionals and Clients at Risk WASHINGTON (Apr. 23, 2024) — Today, the U.S. Department of Labor released the final version of [...]
Annuity Owners Report Product Satisfaction, Positive Buying Experience
New NAFA survey finds risk mitigation the top reason cited for buying a fixed annuity WASHINGTON (March 15, 2024) — In a time of so much economic and financial uncertainty, 92% [...]
NAFA Announces 2024 Board of Directors
Industry Leaders Join Efforts to Protect the Future of Fixed Annuities and Independent Distribution WASHINGTON (Jan. 24, 2024) — The general membership of NAFA, the National Association for Fixed [...]
NAFA Urges DOL to Withdraw 2023 Fiduciary Advice Proposal in Its Entirety
Comment Letter Outlines Proposed Rulemaking’s ‘Fatal Flaws’ and Potential Harm to Independent Producers, Carriers and ConsumersNAFA, the National Association for Fixed Annuities, submitted a letter in response to the Department [...]
NAFA excoriates DOL’s newest fiduciary proposal in public testimony
In day two of the Department of Labor’s (DOL’s) public hearing on its current fiduciary rule package, NAFA showed up prepared to do battle. NAFA President and CEO Chuck [...]
DOL hearing parses intersection of ‘best interest’ and annuity sales
By Mark Schoeff Jr. Insurance industry advocates and Department of Labor officials wrestled Wednesday over how annuity sales can be conducted in a customer’s best interests without the insurance [...]