Greg Iacurci

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

Greg Iacurci
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RETIREMENT RETIREMENT PLANNING FEB 16, 2017
New York Life settles 401(k) lawsuit for $3 million

The firm allegedly engaged used an expensive proprietary fund to enrich itself at the expense of plan participants.

NEWS REGULATION AND LEGISLATION FEB 16, 2017
T. Rowe Price sued for self-dealing in its 401(k) plan

Plaintiff alleges plan participants would have paid at least $27 million less in fees if T. Rowe had selected cheaper, non-proprietary funds.

RETIREMENT RETIREMENT PLANNING FEB 15, 2017
House votes to kill DOL's state, city auto-IRA rules

RETIREMENT RETIREMENT PLANNING FEB 14, 2017
Funds with revenue-sharing fees can be cheapest option in 401(k) plans

Some record keepers have the capability to rebate these fees and only charge the asset management fee, resulting in a lower net cost than some zero-revenue-share funds.

RETIREMENT RETIREMENT PLANNING FEB 13, 2017
Blackstone acquisition of Aon Hewitt could signal push by private equity into 401(k) plans

Blackstone executives have signaled their intent at breaking into the $5 trillion 401(k) market, and buying Aon Hewitt's DC record-keeping business may be the first step.

RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 10, 2017
Dallas judge in DOL fiduciary rule suit deals yet another blow to indexed annuities

The judge affirmed that inclusion of indexed annuities in the BICE was reasonable.

NEWS INDUSTRY NEWS FEB 09, 2017
Trump protectionism poses big market risks: strategists

Liz Ann Sonders, chief investment strategist at Charles Schwab Corp., and Jonathan Golub, chief U.S. market strategist at RBC Capital Markets, express serious concerns over President Donald J. Trump's rhetoric over a trade war.

UBS exploring fee-based annuities for advisers
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 09, 2017
UBS exploring fee-based annuities for advisers

The wirehouse would be jumping on a trend toward advisory business that analysts expect to accelerate because of the Labor Department's fiduciary rule.

RETIREMENT RETIREMENT PLANNING FEB 08, 2017
Congress seeks to kill DOL rules on state, city auto-IRA programs

House Republicans introduce bills to block Labor Department rules promoting creation of retirement plans for private-sector employees.

$4 billion hybrid RIA to leave LPL
RETIREMENT RETIREMENT PLANNING FEB 08, 2017
$4 billion hybrid RIA to leave LPL

Resources Investment Advisors also has affiliate retirement-focused advisory firms with $6 billion in assets, but it's uncertain whether they will follow suit and depart LPL.