You are on page 1of 3

NAFA, the National Association for Fixed Annuities, Recognizes Legislators and

Leaders for Commitment to Improving Retirement Landscape

Washington, DC, June 19, 2019 --( In an effort to highlight the tremendous work being done
to protect and promote fixed annuity products and advocate for the value of annuities as part of a
comprehensive retirement plan, NAFA, the National Association for Fixed Annuities, presented awards
of recognition to two legislators and a number of industry leaders during its ninth annual Annuity
Leadership Forum. The Forum was held at The Watergate Hotel in Washington, DC, June 11-13, 2019.

NAFA took to Capitol Hill to present its Legislator of the Year Awards to Sen. Tim Scott (R-SC) and
Rep. Richard Neal (D-MA). Chuck DiVencenzo, NAFA's president and CEO, presented the Senate
Legislator of the Year Award to Sen. Scott in recognition of his commitment to commonsense retirement
policies and working to address the retirement income gap many Americans are facing. The Senator also
recently introduced legislation that would designate a state insurance commissioner as a voting member
of the Financial Stability Oversight Council (FSOC), ensuring the insurance community has not only a
seat at the table but also a vote when federal regulators consider rules that impact the entire financial
industry. DiVencenzo then presented the House Legislator of the Year Award to Rep. Neal, Chairman of
the House Ways & Means Committee, for leading bipartisan efforts to craft and pass the Setting Every
Community Up for Retirement Enhancement (SECURE) Act of 2019, which recently passed the House
417-3. This legislation will increase retirement saver access to annuities through defined benefit plans,
among many other provisions that stand to improve the future of retirement for all Americans.

“At a time when Americans are living longer and pension plans are disappearing, the need for closing the
retirement income gap has never been greater. On behalf of NAFA, I'd like to thank Sen. Scott and
Chairman Neal for their willingness to educate their Congressional peers and the American public about
ways to address retirement challenges and for their tireless efforts to enact legislation that enhances
access to fixed annuities as insurance against living too long,” said DiVencenzo. “I appreciate their
willingness to accept the awards we presented as a 'thank you' for their hard work and dedication.”

To close out the Forum, the association distributed Pillar Awards to three of its members. The Pillar
Awards were established to recognize volunteers on NAFA's Education, Government and Legal Affairs,
and Membership Committees who have gone above and beyond to help the organization fulfill its mission
to Educate, Advocate, and Integrate the fixed annuity industry and those it serves. Recipients included
Jack Aiken, president of LTA Marketing, Educate Pillar Award; Paul McGillivray, business development
director at M&O Marketing, Advocate Pillar Award; and Paul Kruth, VP and national sales manager at
Western and Southern Financial Group Distributors, Integrate Pillar Award.

Finally, DiVencenzo presented NAFA's Nex-Gen Annuity Leadership Award to five professionals under
age 40 who are making a significant impact on the industry. Recipients were nominated by fellow NAFA
members for their unique contributions to distribution operations, sales, marketing, and advocacy. Those
recognized were Ayanna Burns, vice president of marketing operations at National Western Life
Insurance Company; Andrew Payne, vice president and general counsel of CreativeOne; Kristin Shea,
senior advisor consultant of Highland Capital Brokerage; Tiya Stanley, sales vice president of North

Page 1/3 Press Release Distribution Terms of Use
American Company for Life and Health; and David Wolfe, general counsel of Advisors Excel.

“Our Annuity Leadership Forum celebrated the continued leadership and advocacy efforts enabling the
record-setting growth fixed and indexed annuity products are currently seeing. It provided a perfect
setting for recognizing the contributions of tenured and up-and-coming leaders alike who are integral to
the continued success of both NAFA and the industry as a whole. Our organization is privileged to benefit
from the time and talent of these professionals, and we're thrilled to honor these members throughout our
organization and the entire fixed annuity marketplace,” said DiVencenzo.

About NAFA
NAFA, the National Association for Fixed Annuities, is the premier trade association exclusively
dedicated to fixed annuities. Our mission is to promote the awareness and understanding of fixed
annuities. We educate annuity salespeople, regulators, legislators, journalists, and industry personnel
about the value of fixed annuities and their benefits to consumers. NAFA's membership represents every
aspect of the fixed annuity marketplace covering 85% of fixed annuities sold by independent agents,
advisors and brokers. NAFA was founded in 1998. For more information, visit

Page 2/3 Press Release Distribution Terms of Use
Contact Information:
Janet Terpening
Contact via Email

Online Version of Press Release:

You can read the online version of this press release at:

News Image:

Page 3/3 Press Release Distribution Terms of Use