Who We Represent
- Insurance Agents/Advisors (Captive & Independent)
- Financial Advisors & Financial Planners
- Investment Advisors
- Broker/ Dealers
- Multiline Agents
- Health Insurance and Employee Benefits Specialists
- Owners of Agencies
- Staff of Carrier Corporations
- Independent Marketing Organizations
Resources
Advocacy is the cornerstone of NAIFA. Here are resources to allow you to learn more and get involved today.
>Advocacy Overview (PDF)
>NAIFA State Issues and Positions
>Iowa Legislative Tracker
2020 Advocacy Positions:
- NAIFA-IA supports the federal Senior Safe Act and would support state legislation intended to protect seniors from financial fraud and exploitation.
- NAIFA-IA believes that the best market for retirement decision is a free market, and as such, supports the broadening of choices that educational employees have in participating in tax-sheltered 403(b) programs.
- NAIFA-IA supports the protection of healthcare choices. NAIFA-IA supports: Section 1332 Innovation Waiver options; Ensuring access to affordable health care for all Iowans; Improving affordability and sustainability of insurance choices for all Iowans; and Access to professional services & advice provided by licensed and regulated insurance agents.
- NAIFA-IA supports a requirement that all financial professionals, when making a recommendation regarding an annuity or a security, act in the consumer’s best interests – with care, skill, prudence and diligence – based on the consumer’s financial needs and objectives. A properly-crafted best interest standard will provide an enhanced standard of conduct requiring the advisor to place the consumer’s interests ahead of the advisor’s, while also preserving ability of low- and mid-market consumers to access financial products and professional advice and services.
- NAIFA-IA opposes a strict fiduciary duty standard for broker-dealers and their representatives, because adoption of such a standard will result in many firms changing from a commission-based to a fee-for-service model, which will eliminate the commission-based services relied on by many small and moderate-sized investors.
- NAIFA-IA supports state efforts that enhance the ability of all Iowans to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.
- NAIFA-IA supports an amendment to the state's annuity suitability regulation that is consistent with the NAIC's mod
