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THE MEMBERSHIP NEWSLETTER OF NAIFA-JACKSONVILLE - JUNE 2018
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OFFICIAL FAMILY:
Click
HERE for NAIFA-Jacksonville's Officers and Board of Directors.
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NAIFA-Jacksonville Annual Meeting and Membership Luncheon
 Plus 1-Hour Morning CE Seminar Opportunity!
Thursday, June 21st, 2018
San Jose Country Club
7529 San Jose Blvd, Jacksonville, FL 32217
 10:15 - 11:15 AMd
1-HOUR CE COURSE:
"Financed Life Insurance With Exit Strategies"
COURSE ID #104671, OFFERING ID #1088739
This course will give a background on the use of life insurance in estate planning. Attendees will learn how to keep the death benefit out of the insured's taxable estate through the use of an irrevocable life insurance trust (ILIT).
11:30 AM - 1:00 PM
ANNUAL MEETING AND MEMBERSHIP LUNCHEON:
Stan Kim will be our guest speaker for our June 21st Membership Lunch Meeting. Stan is a retirement care specialist with Transamerica. He will give us options that we can use with our clients who want to introduce a retirement plan or change a plan for their business. Stan will give us solutions that will be available to those that have the State 215 license or the Series 6 or 7 Securities License.
Plus the Installation of NAIFA-Jacksonville's 2018-2019 Officers and Board of Directors
!
Come network with NAIFA-Jacksonville and increase your bottom line!
COST INCLUDES CE COURSE AND LUNCH MEETING:
$30.00
NAIFA-Jacksonville Members pay only $25.00!
Please note: If your company is blocking access to our Google registration form, please try switching to alternate data or wi-fi to use a server outside of their corporate office, or email us at info@naifa-jacksonville.org and you will be contacted for registration
details!
Not a NAIFA-Jacksonville Member? Click HERE
to join NAIFA-Jacksonville
TODAY
and take advantage of member pricing plus all the benefits that come with being a NAIFA member!
IT PAYS TO BE A MEMBER!
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Attend 3 Meetings, Get 2 Hours Free CE!
Members attending our membership lunch meetings in 2018 will be eligible for 2 free hours of CE!
In 2017, NAIFA-Florida Lobbyist Tim Meenan worked closely with the Department of Financial Services (DFS) and the Florida legislature to pass a bill permitting members of NAIFA-Florida to receive CE credit for attending meetings related to membership in the association
COURSE (Seminar) Title:
COURSE (Seminar) Number:
COURSE (Seminar) Offering:
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"NAIFA-Florida Membership - 2018"
102809
1080369 |
NAIFA-Florida members in good standing (only) may receive up to two (2) hours of Florida DFS-approved CE credit per calendar year by attending NAIFA-Jacksonville's membership meetings (at least 4 hours of association meetings).
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THANK YOU TO OUR LUNCH MEETING SPONSORS!
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SPONSORSHIP OPPORTUNITIES AVAILABLE!
Sponsorship opportunities available for NAIFA-Jacksonville's events and membership lunch meetings! Click HERE for complete details, or HERE for PDF format.
For more information about sponsorship opportunities, please contact NAIFA-Jacksonville at (904) 695-2300 or info@naifa-jacksonville.org.
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 NAIFA Quality Award Application Deadline Extended to July 31, 2018!
The NAIFA Quality Award provides advisors at any career stage the opportunity to demonstrate a commitment to excellence. This includes:
- Professionalism through education and earned designations
- Production measured by performance metrics customized for each practice specialty
- Adherence to the NAIFA code of ethics, and
- Service to your industry association
Advisors specializing in
Life & Annuities,
Financial Advising & Investments,
Health & Employee Benefits,
Multiline Sales or any combination of these specialties have the opportunity to demonstrate the quality that is the mark of a true professional.
For 2018 NAIFA Quality Award Applications in Printable PDF Format:
CLICK HERE
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REGISTER TODAY!
2018 NAIFA-FLORIDA ANNUAL CONFERENCE
JULY 19 - 20, 2018
The Reunion Resort in Orlando
CLICK HERE FOR COMPLETE DETAILS AND REGISTRATION
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NAIFA Performance + Purpose 2018 Annual Conference
September 13th - 16th, 2018
Henry B. Gonzalez Convention Center
San Antonio, Texas
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FROM ADVISOR TODAY:
How to Combat Financial Exploitation of Seniors
LIMRA has launched a training program titled,
Recognizing Financial Exploitation, to help train the financial services industry to help detect and deter fraud. The online, scenario-based education program, is a fast and easy way to help financial professionals comply with emerging legislation and regulations.
According to The United States Census Bureau, the U.S. population of the United States is rapidly becoming older. One of their latest projections: Twenty percent of the country's population will be over the age of 65 by 2030. For the first time in the country's history, older people are projected to outnumber children.
With this growing senior population, the country will face several challenges. One will be the potential increase of financial exploitation of its senior citizens, which currently costs the country nearly $3 billion annually, according to a MetLife Study.
The newly implemented Senior Safe Act, which President Trump signed into law on May 24, 2018, aims at protecting American seniors from financial exploitation. The law encourages financial services firms to provide "appropriate training to front-line employees and producers, while granting immunity to those that report suspected abuse to regulators and law enforcement authorities."
Recognizing Financial Exploitation will help train the financial services in ways to detect and deter fraud. The online, scenario-based, education program is a fast and easy way to help financial professionals comply with emerging legislation and regulations.
Identifying financial exploitation
What are some of the other ways advisors can use to identify financial exploitation among seniors? We identified three common things to remain alert for when you are working with a senior client:
- Knowledge of Possible Health Issues. Seniors are more likely to develop health-related issues as they get older. Some of these health issues could make it more difficult for older people to keep track of their finances. For example, research indicates that people with dementia are at a greater risk of elder abuse than those without.
- Analyzing Potential Perpetrators. It is important to look at all of the possibilities when assessing potential fraud of a senior client. It is not always done by a stranger. You might be some surprised by the most likely candidates for potential perpetrators on senior citizens. For example, family members (58 percent) are actually the most common criminals in financial exploitation, followed by friends and neighbors (17 percent) and home care aides (15 percent).
- Keeping Information Private. As more people across all generations use the internet for every-day activities, including banking and shopping, there is greater potential for fraud. Seniors may be more vulnerable to scams and other fraudulent behavior because they often have the least experience with technology and the internet. It is common for criminals to use email phishing to target seniors who may be more trusting and likely to provide their personal information. Getting elderly people placed on Do Not Call lists and educating them about not giving out any financial information can help.
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FROM THE NAIFA BLOG:
Downfall of DOL Fiduciary Rule Bolsters the Annuities Market
Industry analysts project annuity products to rebound from a sales slump in 2017 and the early months of this year, according to the
LIMRA Secure Retirement Institute and reported by
InsuranceNewsNet. The main driving force behind the comeback is the demise of the Department of Labor's fiduciary rule, which a federal court struck down in March as a result of lawsuits filed by NAIFA, the
American Council of Life Insurers, and other groups.
The looming DOL rule had injected a large measure of uncertainty into the annuities market and the sales process, leading many companies and advisors to shy away from these products. With the
DOL rule vacated, the situation has become much clearer.
Other factors that could drive increased annuity sales, according to InsuranceNewsNet, include rising interest rates, market volatility, and investors questioning whether stock market gains will continue.
Annuities can form important components of retirement plans for many people. They can help assure that retirees do not outlive their savings and are the only financial products that can guarantee a fixed income for life.
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Stay Up To Date with NAIFA-Florida Session Dispatch!
NAIFA-Florida Session Dispatch is published weekly by
Timothy J. Meenan, NAIFA-Florida Lobbyist and provides the latest legislative updates as well as a summary of the most relevant bills facing the industry. Session Dispatch is published each week that the legislature is in session.
Click HERE to access the latest issue as well as archives.
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NAIFA-Jax 215 LHVA Prelicensing Course Opportunity
The cost to attend is $200. Live classroom course is
seven days from
8:00 am - 6:00 pm:
UNF Adam W. Herbert University Center
COURSE ID #93833,
COURSE OFFERING #1061746
Click
HERE
to register for the next
live Prelicensing Class!
UPCOMING LIVE CLASS SCHEDULE:
JULY 13, 14, 15, 16 / JULY 21, 22, 23
Fri - Mon / Sat - Mon, 8:00 am - 6:00 pm
SEPT 7, 8, 9, 10 / SEPT 15, 16, 17
Fri - Mon / Sat - Mon, 8:00 am - 6:00 pm
NOV 30, DEC 1, 2, 3 / DEC 8, 9, 10
Fri - Mon / Sat - Mon, 8:00 am - 6:00 pm
ONLINE CLASSES ALSO AVAILABLE!
Click
HERE for complete details and registration for our live and online class opportunities.
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 MEMBER BENEFIT OF THE MONTH
NAIFA Launches the New NAIFA Learning Center
The NAIFA Learning Center curriculum is designed to help all levels of experience, regardless of their product lines establish and reinforce the cornerstones of success in growing a sole practitioner's practice. Our virtual curriculum providing you a bedrock of information that you can use to build a solid, successful career while having a source that you can refer back to whenever necessary. Our dynamic curriculum is divided into four separate and distinct disciplines, each designed to help different phases of your practice, but all centered around consistent growth through higher levels of productivity and service.
The NAIFA Learning Center Provides an Easy-to-Use Resource Which Delivers Training and Education to Enhance Your Practice and Expand Your Marketing Efforts.
- The NAIFA Learning Center is a cost-effective, time-efficient way to increase productivity, as well as marketing effectiveness and new sales opportunities.
- Develops the skills, habits, and knowledge through understanding. And that's what turns potential into reality.
- Today's consumers want to be educated and not sold. Our Center delivers the real world ability to explain hundreds of topics in layman's language. You will become a sought-after resource.
- Develops a cross-selling understanding of the important role of the products, services, and resources provided by our industry.
- A step-by-step educational curriculum, and an efficient resource search feature to quickly find the answers to any question or situation.
- Online, on-demand total video-based training built on Four Disciplines of Success with access to hundreds of sessions, averaging 8 1/2 minutes, all with participant worksheets and guides. Plus, more than 1,000 of downloadable educational concept pages!
- The NAIFA Learning Center is designed to supplement any existing marketing programs and selling systems.
Visit the NAIFA Learning Center today at www.naifalc.org.
Ask a non-member to join NAIFA today!
NAIFA is the largest financial services membership association in the United States, comprised of more than 700 state and local associations representing the interests of 200,000 members and their associates nationwide. NAIFA's goal is to protect your livelihood and your clients' financial security.
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GOVERNMENT ADVOCACY
NAIFA's Mission Aided with IFAPAC and APIC
The core mission of the National Association of Insurance and Financial Advisors is advocacy. There is a common misconception that NAIFA membership dues include all the dollars needed to fund our national and state advocacy efforts. The fact is that NAIFA spends over 25% of its 12 million dollar annual budget to pay for lobbyists and programs to support our advocacy efforts. However, additional funds are needed to help gain access to our elected representatives. The source of these funds are from the Insurance and Financial Advisors Political Action Committee (IFAPAC).
IFAPAC's goal is to help the associations advance the legislative and regulatory interests of the members of NAIFA. While any U.S. citizen can contribute to IFAPAC, only members of NAIFA may be solicited to do so. Contributions must be voluntary. Contributions are not tax deductible for federal income tax purposes. Of approximately 4,600 political action committees registered with the Federal Election Commission, IFAPAC ranks in the top tier. IFAPAC is the largest insurance PAC in the country. In the last election cycle, the national IFAPAC contributed approximately $1.8 million to federal candidates and committees.
Insurance and Financial Advisors Political Involvement Committee (IFAPIC)
Our business is based on building relationships. The world of politics is no different. One of NAIFA's greatest strengths is that we have membership representation in each Congressional District in the country.
It is vitally important that we know which of our members know elected officials and how well they know them. Please click on the link below and complete the legislative contact form:
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IT PAYS TO BE A MEMBER!
#NAIFAJAX
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Copyright © 2018. All Rights Reserved.
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