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, [...]
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 [...]
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% [...]
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 [...]
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 [...]
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 [...]
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 [...]
By John Hilton Department of Labor officials potentially previewed its legal strategy during a pointed exchange Wednesday morning over the details of its controversial fiduciary rule proposal. The contentious, [...]
WASHINGTON (Nov. 1, 2023) — Yesterday, the U.S. Department of Labor released its latest fiduciary rule proposal, rebranded as a “Retirement Security Rule.” With it came proposed changes to [...]
On Sept. 8, 2023, the U.S. Department of Labor (DOL) sent a proposal for a new fiduciary rule for investment advice professionals to the White House for its review. The [...]