Indian regulator plans to allow mutual funds with performance-based fees

April 21 (Reuters) – India’s market regulator is scheduling to allow a new class of mutual fund schemes in which asset managers’ rates will partly be connected to functionality, according…

Planswell Drops Fees For Financial Planning Software

Financial planning software developer Planswell is changing its revenue model and will give its planning technology to advisors for free, the firm announced. It will focus instead on driving revenue through selling advisors business-building services, including marketing…

Financial watchdog cracks down on bank overdraft fees

Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau is cracking down on banks charging fees for customers who overdraw…