Displaying 31 results
More 401(k) plans move away from revenue-sharing model
Plan sponsors are deciding that a per-head fee is fairer than revenue-sharing practices in which fees are based on assets
DOL fiduciary rule causing DC-plan record keepers to change business with insurance agents
Principal has communicated that independent agents must change their business models to keep receiving compensation.
Allianz, Pimco targeted in class-action 401(k) suit
Firms are the latest targets in another class-action lawsuit alleging breach of fiduciary duty due to excessive 401(k) fees.
Fidelity throws its weight behind longevity annuities
The Boston retirement-services giant is giving its clients a new option for planning for the costs and risk of living longer by making deferred-income annuities available for retirement plans. (See also the Top 10 annuity sellers in the second quarter.)
Massachusetts’ Galvin to investigate alternative fund sales by advisers
Sales of 25 top 'liquid alts' mutual funds will come under greater scrutiny from the state regulator.
Broker-dealers face administrative hurdles in rollout of QLAC annuity
Confusion remains over who ensures the contract purchase meets Treasury's guidelines.
ESOPs may help business owner clients retire
Small-business owners don't usually consider setting up an employee stock ownership plan when they are preparing to retire,…
Ruling is Stoli setback for Principal Life
A federal court decision in Pennsylvania has notched a win for life settlement investors.
Vanguard, Principal latest to ax Axa Rosenberg
Vanguard decided to drop Axa Rosenberg as the manager of its $8.9 billion Explorer Fund Ticker:(VEXPX), the $492 million U.S. Value Fund Ticker:(VUVLX) and the $84 million Market Neutral Fund Ticker:( VMNFX).
Principal’s target date funds upgraded by Morningstar
Morningstar has upgraded Principal Financial Group's target date funds from its lowest rating to a below-average rating.
Long-time Principal exec to retire
The Principal Financial Group Inc. said Tuesday its president of insurance and financial services will retire at the…
