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79 Percent of Employers Say Their Workers Struggle Financially

A new report finds that 79 percent of employers believe their workers face "persistent" financial problems, including high credit card, childcare, and other consumer debt; medical expenses; and problems saving for retirement.   The 2019 MassMutual Workplace Financial Wellness Study found that larger employees were more likely to [...]

By | December 5th, 2019|Categories: News Alerts|0 Comments

Massachusetts Proposes Fiduciary Standard for Brokers, Advisors

Massachusetts officials have released a proposed regulation that would impose a fiduciary duty on agents, broker-dealers, and investment advisors and their representatives when dealing with clients in the state.  Secretary of State William F. Galvin commented, in unveiling the proposal, that the Securities and Exchange Commission's [...]

By | December 4th, 2019|Categories: News Alerts|0 Comments

Governor Vetoes Our CE Credit Bill, Again

For the second year in a row, and despite unanimous support in the NYS Senate and Assembly, Governor Cuomo on November 25 vetoed our legislation to provide continuing education (CE) credits for active membership in associations such as NAIFA-NYS.  The bill was a revised re-introduction of [...]

By | December 2nd, 2019|Categories: Member News, NAIFA-NYS Legislative Updates, New York Issues|0 Comments

Senate Misses Chance to Pass SECURE Act, But Some Think There’s Still Hope

In the afternoon of November 21, the Senate passed the House of Representatives' version of a continuing resolution (CR) that temporarily funded the government until December 20.  Sadly, however, the Senate did not attach the critically important Setting Every Community Up for Retirement Enhancement (SECURE) Act [...]

By | November 22nd, 2019|Categories: News Alerts|0 Comments

NAIFA P+P Conference Takes to Orlando

More than 800 attendees, including NAIFA-NYS members and staff, took to Orlando for the September 11 to 14 NAIFA Performance + Purpose Annual Conference.  Attendees enjoyed high-energy keynote speeches (including one from a former Green Beret), powerful and often emotional remarks from industry leaders, thoughts [...]

By | September 17th, 2019|Categories: Member News, Members|0 Comments

Buffalo Affiliate to Host Charity Golf Tournament

Help our Buffalo affiliate give back to the community on September 23, when the group hosts its annual charity golf event benefiting the Phoenix Adaptive Program.  The program focuses on adults and children with special needs, matching each person with a dedicated volunteer and a trained [...]

By | September 4th, 2019|Categories: Member News|0 Comments