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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Abigail Johnson of Fidelity reaches deal to avoid testifying at 401(k) trial
RETIREMENT RETIREMENT PLANNING SEP 06, 2019
Abigail Johnson of Fidelity reaches deal to avoid testifying at 401(k) trial

The parties in the MIT 401(k) suit negotiated an agreement that spares Ms. Johnson from having to undergo cross-examination.

Lincoln, Penn Mutual pull insurance products from New York in wake of best-interest rule
RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 06, 2019
Lincoln, Penn Mutual pull insurance products from New York in wake of best-interest rule

The departures follow the news that Jackson National halted sales of some products in the state.

Headwinds to annuities in 401(k) plans persist
RETIREMENT RETIREMENT PLANNING SEP 04, 2019
Headwinds to annuities in 401(k) plans persist

Legal and administrative challenges have stalled uptake by plan sponsors.

Jackson National suspends fee-based annuity sales in New York due to best-interest rule
RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 03, 2019
Jackson National suspends fee-based annuity sales in New York due to best-interest rule

Others insurers are also poised to pull out of the New York market given the tougher sales standards.

Variable, indexed annuities may cost more than you think
RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 29, 2019
Variable, indexed annuities may cost more than you think

This detail could catch clients off guard when they surrender or exchange a policy.

SEC charges advisory firm, executives with defrauding injured NFL players
NEWS RIAS AUG 29, 2019
SEC charges advisory firm, executives with defrauding injured NFL players

The players were part of a class-action lawsuit over concussion-related brain injuries.

Peter Mallouk heads an RIA with $42 billion in assets — and has made only one acquisition
NEWS RIAS AUG 28, 2019
Peter Mallouk heads an RIA with $42 billion in assets — and has made only one acquisition

Creative Planning's president has grown the firm organically, but M&A will play a role going forward.

Fidelity, Jerry Schlichter trade barbs over Abigail Johnson testimony in 401(k) lawsuit
RETIREMENT RETIREMENT PLANNING AUG 28, 2019
Fidelity, Jerry Schlichter trade barbs over Abigail Johnson testimony in 401(k) lawsuit

Mr. Schlichter, who represents plaintiffs in the suit against MIT, is seeking to have Ms. Johnson testify about a quid-pro-quo allegation.

Low interest rates boost this estate planning strategy
RETIREMENT RETIREMENT PLANNING AUG 27, 2019
Low interest rates boost this estate planning strategy

A type of trust known as a GRAT allows for larger tax-free transfers when interest rates are low

Wills of Jeffrey Epstein, Aretha Franklin raise questions of legitimacy
NEWS REGULATION AND LEGISLATION AUG 26, 2019
Wills of Jeffrey Epstein, Aretha Franklin raise questions of legitimacy

Because they were unconventional, the wills could be challenged.