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
About 83% of plan sponsors reviewed their fees, and of those, 40% reduced overall fees, according to a new study.
Unlike DOL fiduciary rule, New York's best-interest rule covers life insurance sales and could be a harbinger for other states
About 83% of plan sponsors reviewed their fees, and of those, 40% reduced overall fees, according to a new study
A growing number of states are looking to pass rules preventing exploitation of seniors.
It's one in a growing list of instances where plan advisers are being named co-defendants alongside their clients.
Will clients become more interested in paying commissions? Will the new tax law steer more financial advisers toward independent channels? It could.
While advisers face the difficult task of analyzing the law's impact, they will also have a significant opportunity to prove their value by implementing money-saving strategies for clients as well as their own businesses.
The decrease followed an adviser gain in the previous quarter, the firm's first since the retail banking scandal.
A digital transformation is taking root in the industry, and it's benefiting clients and advisers alike.
Retirement market is increasingly consolidating, among advisory firms and record keepers.
