the President called for paying for tax reform by broadening the base through the elimination of tax expenditures that are currently a part of the Internal Revenue Code. Life insurance and annuity inside buildup, retirement savings in pension plans, and employer-paid benefits are all characterized as "tax expenditures."
NAIFA CEO Dr. Susan Waters is one of the “Top 100 Most Powerful People in the Insurance Industry,” according to Insurance Broadcasting and the Insurance Media Association.
The National Association of Insurance and Financial Advisors’ President Terry Headley, LUTCF, LIC, FSS, issued the following statement on the Securities and Exchange Commission study recommending creation of a common fiduciary standard of care for broker-dealers and investment advisers:
No Additional Layer of Regulation for Financial Planners is Warranted
Wow! The NAIFA Blog has even more influence than we realized. Just a few days after our post on the rising tide of regulation and how it’s affecting advisors, President Obama admitted in a Wall Street Journal op-ed that overregulation places "unreasonable burdens on business" and ordered a federal review of regulations to ensure that they actually protect the public and don’t harm the economy. Coincidence?
As NAIFA President Terry Headley told Politico, "The unintended consequences [of marginalizing healthcare agents] will be less competition, a disrupted service industry and significantly reduced customer service." The health care system is getting ever more complex with new levels of government involvement. And anyone who has suffered an illness or injury knows that you can’t get proper medical coverage or care simply by purchasing a ticket. Sometimes the assistance of a professional agent can make all the difference.
The Professional Liability Insurance Program endorsed by NAIFA is now available exclusively to NAIFA Members by CalSurance Associates, a division of Brown & Brown of California, Inc. CalSurance welcomes new and returning NAIFA E&O program participants.