Friday, January 20, 2017
ACLI Looks Forward To Working With New Administration & Congress
ACLI President and CEO Dirk Kempthorne issued the following statement today:
Washington, D.C. (January 20, 2017) – “The American Council of Life Insurers (ACLI) looks forward to working with the new administration and the new Congress on a wide-range of issues to boost Americans’ financial and retirement security and the nation’s economy overall.
“The administration and Congress have an historic opportunity to tackle issues that will help all Americans. These include tax reform that promotes American families’ financial and retirement security and fixing the U.S. Department of Labor’s fiduciary regulation, which harms Americans who are planning and saving for retirement.
“ACLI also looks forward to working with the administration and Congress on Financial Stability Oversight Council reform, as well as on improving America’s infrastructure. As long-term investors, life insurers are eager to consider infrastructure proposals that would require long-term financing.
“Partnering on these and numerous other issues is critical for achieving our goal of helping the American people and assisting the nation to achieve its full potential.”
The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association with approximately 290 member companies operating in the United States and abroad. ACLI advocates in state, federal, and international forums for public policy that supports the industry marketplace and the 75 million American families that rely on life insurers’ products for financial and retirement security. ACLI members offer life insurance, annuities, retirement plans, long-term care and disability income insurance, and reinsurance, representing 94 percent of industry assets, 93 percent of life insurance premiums, and 97 percent of annuity considerations in the United States. Learn more at www.acli.com.
Date Posted: January 20, 2017
Document ID: NR17-004