One Voice, One Mission: Financial Security for All
As the voice of the financial security profession, our sole focus is on creating an environment that enables people to protect and enhance their financial well-being—for themselves, their families, and their businesses.
We never lose sight of what really matters: serving the needs of our members, protecting dreams, and promoting prosperity.
One Voice, One Mission:
Financial Security for All
Fueled by the commitment of nearly 500 Finseca Ambassadors, the strength of our Tax Campaign Partners and Partners in Advocacy, close collaboration with sister trades, and the momentum of four successful fly-ins and over 250 strategic meetings—our profession is standing united like never before. This is the power of sustained, strategic advocacy in action.
Thank you to our Tax Campaign Partners
Going on Offense
Building on that momentum, we’re engaging the media at a higher level than ever. This isn’t just about visibility—it’s about reclaiming the narrative.
We’re pushing back against inaccurate portrayals of our profession and standing firm in our commitment to empower individuals, families, and businesses to achieve lasting financial well-being.
Did You Know..
of Americans do not work with a financial security advisor.*
*Source: February 2025 Finseca Poll by Fabrizio Lee
of Americans do not have a written financial plan.*
*Source: February 2025 Finseca Poll by Fabrizio Lee
retirement savings gap*
*Source: Employee Benefits Research Institute
Americans have no or not enough life insurance.*
*Source: LIMRA
Why it Matters
Our profession protects the dreams and promotes the prosperity of the American people.
Meet Granny Nanny Mary Jo
In the early days of the pandemic, a grandmother named Mary Jo placed a frantic call to her financial security professional – a Finseca Member. She had just started a new job – unpaid – but the best kind… full-time nanny to her grandkids. The stock market was tanking, and so were Mary Jo’s retirement savings. She was panicked thinking she was going to have to go back to work.
Thankfully, for Mary Jo, she and her FSP had a holistic financial plan in place. And Mary Jo had an annuity — a consistent and stable income that was guaranteed. Mary Jo immediately had the reassurance that she’d be okay financially, and something even better – peace of mind that she could keep her favorite job of all… being a Granny Nanny.
Finseca strongly encourages you — our Congressional leaders – to adopt a no-funds amendment prohibiting the Department from moving forward with this proposal. Mary Jo and millions of other Americans like her depend on it.
Ernst & Young Study
Independent research by Ernst and Young illustrates that a holistic financial plan is an essential element to achieving financial security. According to that study, consumers with a diversified retirement portfolio that includes permanent life insurance, savings through investments and guaranteed income from annuities get better outcomes.
In Brief:
- By 2030, gaps in investors’ retirement savings and needed protections are projected to exceed hundreds of trillions of dollars in the US.
- This presents an opportunity for insurance companies to better serve customers to bridge these chasms, through modified investment approaches.
The Numbers Don’t Lie
- Four-in five retirement savers (81%) report they are concerned about having enough savings to last through retirement. (ACLI)
- Retirement savers want options when thinking about retirement. More than nine-in-ten (94%) agree it is important for Americans of varying income levels to have options when planning for retirement. (ACLI)
- Retirement savers also want to maintain the ability to work with different types of financial professionals. Ninety-one percent of retirement savers agree people should have the option to work with any type of financial professional that meets their needs, with retirement savers earning between $50,000 and $100,000 annually expressing the highest level of preference among income levels to have the option to work with any type of financial professional that meets their needs. (ACLI)
- The American people face a $7 trillion gap in retirement savings. (LIMRA)
- We’re staring down a $12 trillion protection gap. (LIMRA)
Additional Resources
Details
Our Response
- Letter of Response – Majority Whip
- Letter of Support – Ways & Means
