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Greg Iacurci

Reporter, Retirement Planning and Insurance

Greg Iacurcihttp://www.investmentnews.com/apps/pbcsi.dll/persbilde?Avis=CI&ID=GIACURCI&maxw=220&cci_ts=20170225061522

Recent Articles


Minnesota judge denies Justice Department's request for stay in DOL fiduciary rule lawsuit

Feb 22, 2017

The judge said "mere speculation about the possibility of administrative action" by the Trump administration wasn't a strong enough reason to stay proceedings.


Some Merrill Lynch advisers upset with move away from commissions

Feb 21, 2017

Advisers say commissions serve certain clients better and investors who prefer them are pushing back


Justice Department seeks stay in Thrivent lawsuit against DOL fiduciary rule

Feb 17, 2017

Attorneys are seeking a stay pending the results of a rule review requested by the president.

New York Life

New York Life settles 401(k) lawsuit for $3 million

Feb 16, 2017

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


T. Rowe Price sued for self-dealing in its 401(k) plan

Feb 16, 2017

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


House votes to kill DOL's state, city auto-IRA rules

Feb 15, 2017

Some observers believe halting the rules wouldn't stop states from moving forward with auto-IRAs on the books, but would likely halt progress on proposed bills.

Funds with revenue-sharing fees can be cheapest option in 401(k) plans

Feb 14, 2017

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

Blackstone acquisition of Aon Hewitt could signal push by private equity into 401(k) plans

Feb 13, 2017

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

Dallas judge in DOL fiduciary rule suit deals yet another blow to indexed annuities

Feb 10, 2017

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

Trump protectionism poses big market risks: strategists

Feb 9, 2017

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.

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