The Securities and Exchange Commission (SEC) announced a settlement in an enforcement proceeding against eight former directors of five Regions Morgan Keegan open- and closed-end funds.
Within the next few years, more than half of 401(k) participants will be entirely invested in a professionally managed investment option, Vanguard predicts.
Participation rate may be a common standard for plan sponsors when they look into the benchmarking process, but not many would say it is a sufficient—or even very...