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$1.4 billion team joins Commonwealth from Principal
Strategic Financial Solutions has seven advisers and is based in Cedar Rapids, Iowa.
Time for investors to get ‘real’ about retirement
Real assets such as real estate, natural resources and infrastructure provide additional diversification benefits, with some returns outpacing traditional asset classes in an inflationary environment.
Principal to halt sales of retail fixed annuities, consumer life insurance
The insurer will also pursue sales of blocks of those assets that are already in force. It said that it will continue selling variable annuities.
Principal, Salesforce prevail in 401(k) lawsuits
After a six-day bench trial in U.S. District Court in the Southern District of Iowa Central Division, a judge ruled in favor of Principal on all counts. Salesforce also won a case, while a new one was filed against Kimberly-Clark, and another was settled by John Hancock.
Principal, Red Cross sued over 401(k)s
Plaintiffs in the separate cases allege the sponsors allowed the plans to have excessive investment-management and record-keeping fees.
