Among other things, a federal judge found Transamerica Asset Management’s substitution of its sub-advisers is not a concrete, obvious explanation for the poor performance of the challenged funds.

The Investment Adviser Association says the SEC’s proxy voting guidance will increase costs for advisers and also increase barriers to entry for proxy advisory firms.  

It is a fully bundled 401(k) plan offering that incorporates a broad selection of investment products, as well as 3(38) fiduciary oversight.

While they have grown at a compound annual growth rate of 7.25% a year in the past five years, if advisers were better educated about them and if the transparency issue could be addressed, that growth could rise significantly, according to the research firm.

The proposed rule, which the OMB has up to 60 days to review is aimed at reducing costs and improving participant understanding of retirement plan disclosures.

A litigation firm has listed what it is investigating for potential lawsuits over target-date funds (TDFs) in retirement plans.

A federal district court judge explained how the plaintiff actually benefited after the stock shares were purchased, so she suffered no harm.

Prior to October 1, employers can get $100 or $200 off new plan set-up costs.

A three-judge panel concluded that a precedent-setting appellate decision which held that ERISA claims are not arbitrable is “no longer good law” in light of interim Supreme Court rulings.

Fiduciaries were ordered to restore $6,502,500 to the plan for an overpriced purchase.

In July, the IRS proposed regulations that would provide an exception, if certain requirements are met, to the application of the “unified plan rule,” what the industry refers to as the “one-bad-apple rule,” for MEPs.

Board of Governors candidate-by-petition Chris Flint has defeated the FINRA-preferred candidate Andrew Duff.

This adds to its consolidated view of the financial services industry, including detailed profiles on all firms and professionals.

The “Automatic IRA Act of 2019” would require employers that do not provide another qualified retirement plan and that have more than 10 employees to enroll workers automatically in an Auto-IRA.