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
Scrapping or revising the law could lead to the disappearance of the Harkin Amendment, which would pave the way to indexed annuities being classified as securities rather than insurance products.
With the federal estate tax in flux, advisers may want to consider planning strategies that afford some measure…
While some call the annuities 'odious' due to complexity, others believe they're more straightforward than other annuity products.
The record keeper joins three others — Fidelity, Voya and Xerox — in being sued over its relationship with the advice provider.
Insurers are speeding up their closures of L-share products as regulators crack down, but are quickly introducing new fee-based contracts.
Advisers said the prospect of lower income tax rates poses an opportunity to recommend employers add a 401(k) Roth feature, and discuss the benefits of Roth deferrals and conversions with employees.
Plan participant claims use of expensive proprietary funds cost employees millions in retirement savings.
A significant portion of employers switched to a stable value or government money market fund in response to SEC reforms.
The brokerage allegedly failed to file suspicious activity reports in a massive pump-and-dump scheme
In a recent letter, the Labor Department said target date funds using annuities may be a prudent default investment option for employers.
