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 U.S. Chamber of Commerce, SIFMA, FSI, IRI, the Financial Services Roundtable and several Texas business groups joined a lawsuit to block the Labor Department's landmark fiduciary regulation. (Related read: The DOL fiduciary rule from all angles)
Lawsuit is perhaps the first example targeting small retirement plans.
It's difficult to count on the grandfathering exemption if advisers plan to make ongoing recommendations in an acccount.
A complicated process to value the music icon's estate hinges on future royalties.
A slew of factors, including low interest rates, increasing longevity and insurance company pricing blunders, have led to an industry on the skids. Will hybrid products save the day?
Product considerations are complex, and using this strategy inappropriately in a retirement income plan can trigger problems.
The suits allege that money market funds were imprudent investment choices given that their returns were lower than stable value funds.
Advisers need to know what to consider when determining if the annuities are in a client's best interest.
Insurance products represent a huge pot of money for fraudsters as baby boomers retire at a rapid clip
Regulator is looking into whether firms have a process and supervisory procedures in place to waive fees.
