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Buffalo Legislative Breakfast Kicks Off 2020 Tour

The 2020 NAIFA-NYS legislative breakfast tour began, as it has traditionally, in Buffalo - one of the state's strongest local associations.  State and regional leadership, including NAIFA-NYS President and NAIFA-Buffalo past president Phil Held, spoke to the importance of NAIFA membership and advocacy.  Senior NAIFA-NYS government relations staff briefed members, non-members, and state legislators and staff on critical public [...]

By | February 6th, 2020|Categories: Member News|0 Comments

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 express concern about their workers' financial health. According to employers who responded to the [...]

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 (SEC) new "Regulation Best Interest" made the Massachusetts regulation necessary.  “I am proposing this [...]

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 the version vetoed by the Governor on Christmas Eve 2018.  Back then, he praised [...]

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 to the CR—and so missed a chance to link the bipartisan bill to a [...]

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 from association heavyweights, and even the melodious tones of an Elvis impersonator.  The conference [...]

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