MassMutual Sued Over Stable Value Fund Fees |
The lawsuit is filed as a class action on behalf of the Arthur J. Gallagher & Company 401(k) plan and all other similarly situated plans.
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Cerulli Reports Investor Moves Away from ‘Pure Beta’ |
Duration-focused equity and fixed-income exposures have long formed the basis of large institutional portfolios not tied to the future income needs of a single individual or family, but today’s forward-looking institutions are seeking more than “pure beta.”
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Proposed Guidance Issued for Multiemployer Plan Suspension of Benefits |
The IRS proposal would provide guidance about any employer that has withdrawn from the plan and entered into a “make-whole” agreement to provide participant benefits.
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Advising on the Downside |
A recent survey from TIAA-CREF found that more than half of investors look to short-term performance factors as “the most important indicator of an investment’s return.” With big equity price swings seeming to be a now daily occurrence, the value of advice can’t be overstated.
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