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79 Percent of Employers Say Their Workers Struggle Financially

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

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 [...]

Massachusetts Proposes Fiduciary Standard for Brokers, Advisors

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

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 [...]

Governor Vetoes Our CE Credit Bill, Again

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

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 [...]

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

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

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 [...]

NAIFA P+P Conference Takes to Orlando

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

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 [...]

Buffalo Affiliate to Host Charity Golf Tournament

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

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 [...]

Statement of NAIFA-NYS President Phil Held on the Passing of Senator William Larkin

By | September 3rd, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

The life insurance agents and financial advisors join the many other New Yorkers mourning the passing of longtime state Senator William Larkin.  Our sympathies go out to his wife, Pat, son Bill, and many other [...]

Departure of DOL Secretary May Delay Fiduciary Rule Rewrite

By | July 12th, 2019|Categories: News Alerts|

The resignation of DOL Secretary Alexander Acosta on July 12 may impact the agency's rewrite of its controversial fiduciary duty rule, as it's unclear whether an Acting Secretary─not confirmed by the Senate, in other words─would [...]

NAIFA-NYS Announces New Leadership Team

By | July 3rd, 2019|Categories: Member News, New York Issues|

NAIFA-NYS Announces New Leadership Team to Strengthen the Voice of Life Insurance Agents in New York Albany, New York, July 3, 2019 — A new leadership team of financial professionals from across New York State [...]

NYS Assembly Passes Our CE Credit Bill, 101-0

By | June 18th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

On June 18, the New York State Assembly approved unanimously—in a 101-0 vote—the NAIFA-NYS continuing education (CE) credit bill.  The legislation, which passed the NYS Senate 60-0 on June 7, would require the Superintendent of [...]