The board of trustees of GE Financial Assurance of Stamford, Conn. has approved a plan to cut the 12b-1 fees on its Class A shares from 50 basis points to 25 basis points and to launch Class C shares on all 17 of its funds. If the SEC approves GE's June 25 filing, the fee cut will take effect Sept. 17 and the C shares will be introduced Oct. 1.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
