Greg was a reporter for InvestmentNews from 2015 to 2019, covering defined-contribution plans, retirement planning, insurance, taxes and estate planning, before then moving to CNBC as a Personal Finance Reporter. He tweets at: @GregIacurci
Class-action suit alleged the firm mismanaged its own retirement plan and profited at the expense of employees.
Wealth adviser Craig Robson left to form Regent Peak Wealth Advisors.
Some are signing off on premium increases in the 200%-300% range, one executive said.
Edward Jones is an outlier among its peers, experts say
DOL chief is bringing the fiduciary rule back from the dead, using a power eerily similar to that of the Night King
U.S. economy is doing reasonably well, but the Federal Reserve could bring about its demise when inflation eventually ramps up, Nuveen exec says.
Deal could benefit American Funds by providing more asset retention and increased exposure among plan sponsors.
Attorney Jerry Schlichter won a provision that prevents Fidelity from using participants' data to cross-sell products to them.
Observers think Congress would need to address Social Security's funding levels and offer enhanced protections for the concept to work.
Interest-rate environment, growth of buffered annuities and loss of the DOL fiduciary rule helped grow sales by $3.7 billion last year.
