/cloudfront-us-east-2.images.arcpublishing.com/reuters/XZMXXHIKDBOQZE3DSVO6YKGHYA.jpg "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 to an official document reviewed by Reuters and a supply instantly acquainted with the subject. As element of the proposal, […]
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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 automation and lead generation tools, according to CEO Eric Arnold. Planswell’s planning software had cost advisors as much as $199 […]
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 their checking accounts, the bureau announced Wednesday. The financial watchdog is planning a “range of regulatory interventions” targeting firms that […]