CYBER-SECURITY COMPLIANCE TOOL
WEBINAR: “Complying with New DFS Regulations:
Reg 187 ‘Best Interest’ Suitability & the Cybersecurity Regulation”
Click HERE for the recording.
Read LifeNY–
the magazine of NAIFA-NYS
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Didn’t attend one of this year’s NAIFA-NYS regional events? Click below to see a little of what you missed.
Greater Metro Region (GMR) Regional Conference
* RESOURCE CENTER *
– REG 187 ALERT –
DFS Releases FINAL
“Best Interest” Requirements.
Details HERE
Legislature Passes Our CE Credit Bill
The NYS Assembly has given final approval to the NAIFA-NYS bill that would grant CE credits to active members of associations like NAIFA-NYS. The bill now heads to the Governor’s desk. Click HERE for details on what the legislation would do.
Governor Calls for State-Run Retirement Plan for Private Sector
In his Fiscal Year 2019 budget, Governor Cuomo called for a state-sponsored and run retirement program for private-sector workers whose employers do not offer a qualified plan. The plan is the wrong approach to encouraging retirement savings and unnecessarily would displace the private market.
MEMBER NEWS
(click here to see all)
GMR Legislative Breakfast: A Real Eye-Opener
The Greater Metro Region (GMR) is rebuilding itself after years of struggle, and the latest GMR legislative event, held on June 1 in Uniondale, proved that, slowly but surely, GMR members are coming back. The [...]
Hudson Valley Takes Its Legislative Breakfast to the Diner
Diners are great places for discussion, whether among family and friends or our Hudson Valley members at their 2018 legislative breakfast. Held on April 20 at Alexis Diner in Newburgh, the event featured Assembly Insurance [...]
Legislative Breakfasts Come to Mohawk Valley
NAIFA-NYS legislative breakfasts aren't always big affairs--but that makes them no less interesting, enjoyable, and important. The March 9, 2018 Mohawk Valley association event was a wonderful opportunity, as it was last year, to present and [...]
NEWS ALERTS
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NAIC “Enhanced” Annuity Suitability Draft Has Its Critics
An NAIC working group has developed a draft regulation imposing tougher annuity suitability standards, but the proposal doesn't go nearly far enough for some interested parties, including a consumer representative who often weighs in critically [...]
NAIC Annuity Suitability Group is “Deeply Split” over In-Force Policy Issue
The National Association of Insurance Commissioners (NAIC) Annuity Suitability Working Group--which is plodding its way through creation of an enhanced suitability regulation for annuities--is divided on whether to apply the tougher standards to in-force transactions. [...]
NAIC Moves Forward with New Approach to Annuity “Suitability”
State regulators on the NAIC Annuity Suitability Working Group--which is charged with revamping the NAIC's model annuity suitability regulation in light of growing interest in "best interest" standards--will meet in Chicago on October 22-23. The [...]