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
American Retirement Association asks Labor for clarification on rollovers, showing again how the regulation is causing problems even after its demise.
The cost increases, approved by regulators in the second quarter, affect roughly $160 million of in-force premiums.
Firm is one of a number of robo-advisers looking to capitalize on small 401(k) plans
A handful of other fund managers have settled similar allegations over the past two years.
Observers say the proposal could open up areas of arbitrage, depending on how it's drafted.
The firm is one of the last holdouts to launch CITs, signaling increased demand for the investment vehicle.
Fiduciary advisers should be weighing the risks and upsides of securities lending.
Observers say the proposal could open up areas of arbitrage, depending on how it's drafted
These investments will make sense mainly for ultrahigh-net-worth clients, at least initially, according to tax experts.
The program will close in September, though some aspects such as participant education still will be available to advisers.
