Bits of Tid...
We’re all still recovering from the Annual Meeting, so the long-winded epistles that sometimes populate this space will have to wait a week or two. (Don’t look so happy…) In the interim, here are a few items I thought you might find interesting. And don’t forget, this is as much your space as it is mine, so if you have any comments, suggestions, concerns, book recommendations, or favorite movie quotes (see below for more information on this item), please SPEAK OUT!!!
Annual Meeting – It was a doozy. Great speakers, provocative workshops, terrific special events, and networking opportunities galore. If you weren’t able to attend you can check out speakers’ PowerPoint presentations by clicking HERE. And don’t forget to share your feedback on the meeting with us by posting a comment below. We want to know what we did right and what we can improve so that we can develop and deliver events that consistently exceed your expectations.
For those of you who handed in your meeting evaluations on-site, we thank you for your thoughtful comments and suggestions. As in the past, we will take these comments to heart in planning next year’s meeting. The highest program marks went to Peter Sheahan, both for his general session speech and his workshop. Many of you suggested various ways of following up with Peter. Also highly ranked were the panel presentation of A Merger Made in Heaven. The Presidents, Secretaries and SFC Section meetings were very appreciated by their attendees. The volunteer event, White Sox night and 9/11 Memorial Service also drew many rankings of Excellent and Very Good. And we’re hoping it isn’t a sign of our local politics, but the highest approval rating of all went to our city of Chicago.
NFCA Community Service Participants Earn Award from St. Vincent DePaul Society – As a part of the Annual Meeting, more than 100 representatives from NFCA member societies helped to refurbish two local St. Vincent DePaul thrift stores. Click HERE to see a few photos of this project. Just last week we were notified by the St. Vincent DePaul Society that NFCA was selected as the recipient of the society’s “Top Hat” award in recognition of our efforts. NFCA staff member Terry Whipple (who did an incredible amount of work to make this project a success) will accept the award for NFCA at a special Mass on October 10. Congratulations to all the volunteers who helped make this event a success.
Independent Order of Foresters Announces Major Acquisition – Check out this RELEASE announcing IOF’s acquisition of First Investors Consolidated Corporation, a diversified financial services organization that will allow the society to greatly expand the products it offers. NFCA Board member Chris Pinkerton, president of IOF’s U.S. Division, will also serve as FICC’s president and CEO. According to Pinkerton, the acquisition furthers IOF’s commitment to the fraternal system by enhancing its ability to provide more and better products and services to the next generation of members.
Tax Reform Outlook – Thought you might find this REPORT from investment firm UBS’s public policy office of interest. While the debate over the extension of the Bush tax cuts does not directly impact any discussion about the status of the fraternal tax exemption, it will have an impact on your members and their life insurance purchasing decisions. The biggest factor in all the hoopla over this issue: the makeup of Congress on November 4.
Investment Outlook Clear as Mud – We all know how difficult it is to manage our assets and invest them in a manner that delivers a reasonable yield. Investment return is, in many ways, the life blood of the life insurance industry. This REPORT from Prime Advisors, a frequent sponsor at NFCA meetings and asset manager for several fraternals, offers some interesting insights on the current investment market. NFCA does not endorse any investment management firm and this posting should not be construed to imply such an endorsement of Prime Advisors. We do think it’s the association’s responsibility to provide members a wide variety of information on the topics of most importance to them – and asset management certainly qualifies – and that’s why we’re making this report available to you. If there are other asset managers out there who would like to share their insights with member societies, please feel free to send those reports to me for inclusion in future postings.
On the Night Stand – Just finished Meat Market, one of the best sports books I’ve ever read about the real-life recruiting battles for Division I college football talent. I felt slimy after reading it and now look askance at every college football game. Halfway through Down the Great Unknown, the story of John Wesley Powell’s 1869 expedition down the Colorado River. Ten guys, four wooden rowboats, no map – awesome.
Favorite Movie Quotes – OK, so everywhere I go people come up to me and tell me how much they enjoy the blog. And that’s great. Really. Our tracking reports indicate that quite a few of you open the full posting and most of those click on at least one link. But I always ask folks why they don’t post a comment on the blog. Most people reply that they don’t want to make their comments public. I can see the logic behind that. But I thought I’d take a shot at allowing readers to post comments on more interesting and less controversial topics – movie quotes. Everyone has a favorite. So let’s share a few here. I’ll get the party started with one of my all time favorites..
“Leave the gun; take the cannoli.”
Can’t wait to see your postings…