Congress

NAIFA’s Carsrud

“We believe that Congress understands the importance of access and choices that Middle American’s need as they ready themselves for retirement and that Congress will act accordingly if the Department of Labor’s rule impedes that access.

IAA’s Barr

“Congress will consider means of increasing federal oversight of advisors. Some members of Congress will also increase the pressure on the SEC both to re-allocate resources and use its existing resources more efficiently to enhance adviser oversight.

“Congress will hold hearings on Federal Reserve transparency.”

IRI’s Weatherford

“Legislation to create The National Association of Registered Agents and Brokers (NARAB II) will again receive strong bipartisan support and will pass Congress and be signed into law by President Obama, providing important consumer protections, retaining states’ authority to regulate the marketplace, and ultimately removing a barrier that is impeding broker-dealers’ ability and financial advisors’ willingness to sell lifetime income products.

“Congress will adopt legislation that will enhance workers' access to employer provider retirement plans; expand their ability to save more through enhanced auto enrollment and escalation plan features; and will make more widely available their access to guaranteed lifetime income products in retirement plans to provide income workers cannot outlive.”

EBRI’s Salisbury

“Congress will move forward with tax reform and retirement related legislation, even if it is not passed until after the 2016 Presidential election.”