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 agency published answers to four questions about Form CRS.
The agency, concerned about consumer protection, says clients need a baseline understanding of product risk
The proposal is similar to others seeking to improve access to workplace retirement plans but would require an employer match.
Some stakeholders say the disclosure proposal is still paper-centric and should take into account newer technologies.
Judge rules the brokers weren't beneficiaries of the selling agreement between the insurer and broker-dealers.
The measure, which would eliminate income tax and the 10% early withdrawal penalty, could boost the pool of Americans seeking private insurance.
Financial advisers may find it harder to compete as large firms encroach more on mass-affluent customers, says Fidelity's Michael Durbin.
Buffer annuity sales are set to increase more than 50% in 2019 as a result of low interest rates and new product features.
Revenue sharing is an opaque practice that may require additional attention from broker-dealers as the SEC rule takes effect, Morningstar warns.
Insurance agent Elisia Lattimer lodged a complaint with the Ohio insurance department, alleging the company engaged in an illegal practice of 'rebating' and executives tried to cover it up.
