NAIFA Issues Statement On Labor Secretary Alexander Acosta

NAIFA President Paul Dougherty discharged the accompanying explanation on the Senate's vote to affirm Alexander Acosta as the Secreta... thumbnail 1 summary
NAIFA President Paul Dougherty discharged the accompanying explanation on the Senate's vote to affirm Alexander Acosta as the Secretary of Labor:

I might want to offer congrats to Alexander Acosta for the National Association of Insurance and Financial Advisors. NAIFA anticipates working with the Secretary of Labor to guarantee that DOL controls are powerful and don't hurt the very buyers they are intended to ensure.

NAIFA has as of now submitted information and investigation to the DOL for use in its progressing audit of the guardian run the show. We ask Secretary Acosta to look for an extra deferral for the usage lead as one is expected to guarantee an intensive audit.

NAIFA bolsters the best advantage standard for counsels that does not hurt retirement savers. We trust the present control is probably going to bring about market interruptions, expanded expenses for retirement speculators, and the loss of access to items and administrations for the center and lower-pay shoppers. Ought to DOL achieve similar conclusions, NAIFA anticipates working with the secretary and the office as they reconsider or repeal the run the show.