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News & Press: Advocacy

NAIFA Statement On 2016 Election Results

Wednesday, November 9, 2016   (0 Comments)
Posted by: Admin
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The National Association of Insurance and Financial Advisors is committed to working with the newly elected Trump administration and members of the 115th Congress as it continues to advocate for a positive legislative and regulatory environment for insurance and financial advisors and their clients.
Congress and the administration will be responsible for a number of decisions and actions that will impact NAIFA members and their clients, including potential revision or repeal of the Department of Labor fiduciary rule, and the Affordable Care Act, and consideration of tax reform proposals.
“NAIFA and our members possess a profound expertise on insurance and financial matters,” said NAIFA President Paul Dougherty. “That makes us the ideal association to educate Congress and regulators about the real-life effects of their decisions on people who are preparing for retirement, running small businesses, managing health- and disability-related risks, and protecting the long-term financial security of their families.”   
Along with the other representatives and senators elected yesterday, former Congressman and NAIFA member Brad Schneider will return to Congress to represent the tenth district of Illinois. NAIFA also would like to congratulate Al Lawson, who will represent Florida’s fifth district in the House of Representatives. Currently a state senator, Lawson has been an agent with Northwestern Mutual Financial Network since 1976, and has been a long-time NAIFA member.
“Al Lawson brings a wealth of experience and industry knowledge as a business owner and insurance and financial advisor that will greatly benefit his constituents,” said Dougherty. “He certainly understands the issues and legislation that could affect advisors and their clients, so I look forward to working with him in Washington.” 

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