AALU Library

The AALU Library gives you access to all your premium content. With all the best information organized in one place and searchable, it has never been easier to find the information to help you maximize your business. From deeper dives into diverse topics with our Washington Report Marketplaces to issue one-pagers and webinars featuring industry leaders with decades of experience, the AALU Library is your one-stop-shop for policy and professional updates.

Ambassadors in Action: Jeff Peterson with Rep. Mike Thompson (D-CA) & Gabe Schulman with Rep. Debbie Lesko (R-AZ)

This past Monday, AALU Ambassador Jeff Peterson hosted Rep. Mike Thompson at the Northwestern Mutual Offices in San Francisco. Rep. Thompson, who represents Northern California’s 5th district which covers Napa Valley, has long been a champion of financial and retirement security issues facing our industry and consumers. The conversation was a productive one, with Jeff…

First Democratic Debates: Aftermath by the Numbers

Below are national polling averages from both before and after the debates. Former Vice President Joe Biden took the biggest dip, while Sen. Kamala Harris (D-CA) more than doubled her share of support. While Biden remains the overall leader, Harris’s surge in polling shows that her debate performance resonated heavily with voters – at least…

Efforts To Pass SECURE Act Before August Recess Face Hurdles In Senate

The most expedient way to pass the SECURE Act before August is through unanimous consent—the procedure by which a bill can be passed without the usual debate and amendment procedures because all senators agree. However, it only takes one senator to block this route, and three senators currently have objections. Sen. Ted Cruz (R-TX) wants…

How to Hug a Porcupine: Relationship Building with Elected Officials

Top four takeaways from the Congressional Management Foundation’s webinar on building relationships with lawmakers: The form of advocacy that most influences Members of Congress is in-person meetings with constituents – especially constituents who are representing a larger group or organization. In CMF’s research and surveys, these meetings ranked significantly higher than meetings with lobbyists. The…

New Jersey and Massachusetts Fiduciary Proposals

New Jersey proposed a rule in April that would apply a fiduciary duty to all brokers and advisors registered with the NJ Bureau of Securities – including advice around the opening of or transfer of assets to any type of account. While the proposal applies to the sale of securities, it does not apply to…

Marathon Mark-up to Extend Popular Tax Breaks Paid for with Estate Taxes

To pay for the cost of the tax extender bill, Democrats proposed rolling back the temporarily doubled estate and gift tax exemptions enacted in the TCJA—the doubled exemptions would sunset in 2022 instead of 2025. As we stressed during the passage of the TCJA, Democrats would likely look at the estate tax as a revenue…

Re: Comments on Proposed Amendment to N.J.A.C. 13:47A-6.3 and Proposed Rule N.J.A.C. 13:47A-6.4 Regarding a Uniform Fiduciary Standard for Broker-Dealers, Agents, Investment Advisers, and Investment Adviser Representatives

June 14, 2019 Christopher W. Gerold Bureau Chief Bureau of Securities Division of Consumer Affairs 153 Halsey Street, 6th Floor PO Box 47029 Newark, NJ 07101 Submitted Electronically – http://www.njconsumeraffairs.gov/proposals/pages/default.aspx Re: Comments on Proposed Amendment to N.J.A.C. 13:47A-6.3 and Proposed Rule N.J.A.C. 13:47A-6.4 Regarding a Uniform Fiduciary Standard for Broker-Dealers, Agents, Investment Advisers, and Investment...

Marathon Mark-up to Extend Popular Tax Breaks Paid for with Estate Taxes

To pay for the cost of the tax extender bill, Democrats proposed rolling back the temporarily doubled estate and gift tax exemptions enacted in the TCJA—the doubled exemptions would sunset in 2022 instead of 2025. As we stressed during the passage of the TCJA, Democrats would likely look at the estate tax as a revenue…