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
The fiduciary rule may be taken off the books as a result of the ruling, and an SEC fiduciary standard wouldn't cover products not registered as securities
It's the fourth time a retirement-plan record keeper has prevailed in a lawsuit scrutinizing fees received from Financial Engines.
Could human advisers be displaced as digital-advice firms use technology to deliver services to plan sponsors and participants?
Groups on both sides of the fiduciary debate had plenty to say.
Analysts say the insurer is the only one to guarantee its cap rates during the contract surrender period, a boon for investors but potentially opening it up to more risk.
The bill is nearly identical to one that unanimously passed the Senate Finance Committee in 2016.
Advisers are only eligible for the full 20% deduction if their income is less than $157,000 for singles and $315,000 for married couples.
High fees are a red flag, but prudence is the ultimate key to defeating a claim, according to advisers and attorneys.
Its target-date assets have grown by $270 billion since 2015
Employers have increasingly offloaded their pension liabilities to insurance companies as pensions have become costly to keep on the books.
