A new fund series from Vanguard features an estimated expense ratio of 10 basis points and will be offered to institutional investors meeting a $100 million initial investment...
A group of retirees should not have received a lump-sum payment from a nonqualified plan at a change in control because they were not “participants” as defined by...
A new program from Fidelity seeks to bring one of the most popular features of 401(k) accounts to individual retirement investors, in the form of a matching contribution.
A new investment research tool from Aon Hewitt provides “insightful and transparent” ratings of thousands of investment products, based on eVestment data and analytics.
Years of education, communication strategies and support haven’t done as much to move the needle on retirement plan participant retirement readiness as plan sponsors and advisers hope to...
Fidelity Institutional announced plans to align its clearing and custody units, while the wider firm will establish a new technology group to create digital solutions across the Fidelity...
Hartford Funds says it has entered into a preliminary agreement with Navigate Fund Solutions LLC to support the launch of a new family of NextShares exchange-traded managed funds.
The U.S. Supreme Court heard oral arguments Tuesday in a case considered by many to be the first example of excessive 401(k) fee litigation to reach the nation’s...
The Department of Labor still says its pending fiduciary rule proposal, though subject to change, will not prohibit common advisory compensation practices, such as commissions and revenue sharing.
President Barack Obama said he expects opposition from special interest groups to the pending fiduciary rule, even though specifics of the rulemaking have not yet been disclosed.