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 AUG 25, 2016
Some retirement plan record keepers resort to aggressive sales tactics with proprietary products

Some retirement plan record keepers resort to aggressive sales tactics with their proprietary products, offering discounted record-keeping services if proprietary funds are used. </br><i><b>(More on plan advice: <a href="//www.investmentnews.com/article/20160327/BLOG09/303279999/how-to-choose-a-plan-sponsor-partner-to-adapt-to-dol-fiduciary-rule&quot;" target="&quot;_blank&quot;" rel="noopener">How to choose a plan-sponsor partner to adapt to DOL fiduciary</a>)</b></i>

RETIREMENT RETIREMENT PLANNING AUG 19, 2016
Fiduciary concern clients' No. 1 reason for hiring 401(k) advisers: study

The Labor Department's conflict-of-interest rule is upping plan sponsors' concern for their fiduciary duty.

RETIREMENT RETIREMENT PLANNING AUG 18, 2016
Chevron 401(k) suit dismissal seen as 'big loss' for plaintiffs' bar

ERISA attorneys say the judge's decision was a complete rebuke of classic arguments in excessive-fee suits, and could provide fodder for the defense in future trials.

Decision in AXA excessive-fee lawsuit preserves the status quo
RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 18, 2016
Decision in AXA excessive-fee lawsuit preserves the status quo

One attorney called the lawsuit an &quot;attack&quot; on the investment-management structure within variable annuities.

Morgan Stanley hit with $150 million 401(k) lawsuit for self-dealing and excessive fees
RETIREMENT RETIREMENT PLANNING AUG 18, 2016
Morgan Stanley hit with $150 million 401(k) lawsuit for self-dealing and excessive fees

The wirehouse now joins a growing list of other financial-services companies sued for similar reasons.

Columbia University targeted in $100 million lawsuit over excessive retirement plan fees
RETIREMENT RETIREMENT PLANNING AUG 18, 2016
Columbia University targeted in $100 million lawsuit over excessive retirement plan fees

The suit, not brought by Jerry Schlichter's law firm, could signal a 'race to the courthouse' in the university 403(b) market.

Duke, Johns Hopkins, UPenn and Vanderbilt latest schools under fire for excessive 403(b) fees
RETIREMENT RETIREMENT PLANNING AUG 17, 2016
Duke, Johns Hopkins, UPenn and Vanderbilt latest schools under fire for excessive 403(b) fees

Attorneys, ever present in the 401(k) market, are beginning to target university 403(b) plans. These lawsuits follow close on the heels of ones against MIT, NYU and Yale.

Neuberger Berman sued for excessive 401(k) fees
RETIREMENT RETIREMENT PLANNING AUG 17, 2016
Neuberger Berman sued for excessive 401(k) fees

Another financial services company has been targeted for costly proprietary investments in its 401(k) plan, leading to allegations of self-dealing at the expense of employees.

Insurers developing fee-based fixed-indexed annuities post-DOL fiduciary rule
RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 17, 2016
Insurers developing fee-based fixed-indexed annuities post-DOL fiduciary rule

Allianz, Voya, Symetra and Lincoln Financial are forging ahead into virtually uncharted waters for product development.

Primerica expects to pay $4M-$5M per year to comply with DOL fiduciary rule
RETIREMENT RETIREMENT PLANNING AUG 16, 2016
Primerica expects to pay $4M-$5M per year to comply with DOL fiduciary rule

The insurer joins other financial services companies such as Ameriprise and Principal, who've detailed rising compliance costs associated with the regulation.