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- 3 hours ago

Employees regret not saving more for retirement in early years, survey finds. Most want at least "slight nudge" fro… https://t.co/t2nsG4SPH7
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@NAIFANYS

- 1 day ago

DOL fiduciary rule critics urge appeals court to overturn the rule, say the partial implementation delay doesn't un… https://t.co/YhqemiGkz1
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@NAIFANYS

- 2 days ago

Two House bills aim to encourage, simplify retirement savings; part-time workers would be eligible to participate i… https://t.co/4wQjOaC2xd
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@NAIFANYS

- 5 days ago

Survey Says: Americans foresee a decreasing role for employers when it comes to retirement savings, health insuran… https://t.co/psCLgmfQFZ
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@NAIFANYS

- 6 days ago

RT @KevinMayeux: Senate committee approves @NAIFA-backed Senior$afe Act https://t.co/XzMYQz3TJX @NAIFAAdvocacy
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@NAIFANYS

- 9 days ago

How could a congressional conference committee resolve 4 big differences in the House and Senate tax reform bills?… https://t.co/21uyolGIyG
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@NAIFANYS

- 12 days ago

Trump nominates former LICONY President/CEO Tom Workman to federal Financial Stability Oversight Council (FSOC). https://t.co/HM5UUkGTxF
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@NAIFANYS

- 13 days ago

Annuities suitability not enough? State insurance regulators are considering a new "best interest" annuities stand… https://t.co/IxFs5DbUDr
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@NAIFANYS

- 14 days ago

Total annuity sales hit a 15-year low in 3rd quarter, LIMRA says, with initial implementation of the DOL fiduciary… https://t.co/pbCSPfNrZ0
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@NAIFANYS

- 15 days ago

Good News: DOL Announces 18-Month Delay of Key Fiduciary Rule Provisions. https://t.co/fypcEfDKoH
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IMPORTANT:  Guidelines for Complying with the DFS Cyber-Security Regulation – All NYS-Licensed Agents Must Comply in Some Way

NAIFA-NYS is providing detailed guidance, updated frequently, on what the regulation requires.  Click HERE to learn who must comply, what a “covered entity” is, what data needs protection, how third parties factor in, how to decide if you qualify for a limited exemption, how reporting of cyber breaches may work, and what deadlines/effective dates you need to know.

Key Implementation Dates DFS Frequently Asked QuestionsText of Regulation

                                                                                                                                                      


WEBINAR    

Couldn’t attend our November 14 webinar on the DFS cyber-security regulation?

Click HERE for the recorded webinar.  (members only, password required)

                                                                     

TAX REFORM

Congress is debating the largest overhaul of the U.S. tax system in decades – with major implications for retirement savings and other NYS concerns (like deductibility of state/local taxes).

Read the House legislation HERE.

Read the “Big 6” GOP leaders’ tax reform framework HERE, and a NAIFA summary HERE.

MEMBER NEWS
 (click here to see all)

NAIFA Chautauqua Holds First Meeting of 2017-2018 Year

Our NAIFA Chautauqua association kicked off its 2017-2018 year with a Board meeting and luncheon on Tuesday, September 19th.  NAIFA-NYS' Legislative Director, Mark Yavornitzki, was pleased to drive out to Jamestown to renew the state's ties with [...]

Rochester Association Holds Successful Luncheon, Briefing

Our increasingly active NAIFA Rochester association held a special June 23 luncheon - a time for fellowship, yes, and for briefing attendees on the NAIFA-NYS Day on the Hill in Albany, the NAIFA Congressional Conference in DC, [...]

GMR is Back! Legislative Breakfasts Return Downstate

As proof that GMR lives again, our downstate association held two legislative breakfasts - May 31 in Tarrytown and June 2 in Melville - that concluded our extremely successful 2017 local legislative breakfast program.  It was [...]

NEWS ALERTS
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Employees Regret Not Saving More in Early Years

December 13th, 2017|0 Comments

A new study by American Century Investments finds that employees significantly regret their decisions not to save more for retirement early in their careers.  It also finds that - although the promise of higher income [...]

Annuity Sales Hit 15-Year Low in 3rd Quarter, LIMRA Finds

November 29th, 2017|0 Comments

Annuity sales fell below the $50 million mark in the 3rd quarter of 2017 - dropping to a 15-year low - according to a study by the LIMRA Secure Retirement Institute.  Initial implementation of the Department [...]

Millennials’ Enthusiasm Paints Rosy Future for Insurance Industry

October 11th, 2017|0 Comments

Millennials who work at independent insurance agencies are so enthusiastic about their industry, that the vast majority – 82 percent -- are encouraging their friends and family to also get into the line of work, [...]

NAIFA-NYS is the only organization exclusively representing life insurance agents & financial advisors in NYS – encouraging a strong marketplace, enhanced business & professional skills, and ethical conduct.

 

 

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NAIFA Blog

LifeNY, the quarterly magazine of NAIFA-NYS, is designed exclusively for association members.  Each edition is filled with info on legislative and regulatory happenings, NAIFA-NYS and NAIFA news, and other items of interest.

Read the latest edition HERE.

Advertising space is available.  Contributing writers are welcome.  Contact cthorson@naifanys.org or 518-915-1661.