| Another 401(k) Self-Dealing Lawsuit Filed |
| In addition to calling out Franklin Templeton for using high-cost proprietary funds in its plan, the lawsuit challenges its choice to offer its money market fund rather than a stable value fund.
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| Court Finds Union Fund Trustee, Counsel Guilty of Retaliation |
| The DOL charged that workers for a union trust fund were fired for filing an internal complaint regarding wrongdoing by the trustee and cooperating with a federal criminal investigation.
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| Medicare Premium Spending in Retirement |
| The “Guide to Retirement: 2016 Edition” from J.P. Morgan Asset Management provides a range of insights about what financial challenges individuals should expect in retirement, including hard figures on Medicare premiums, long-term care costs and other critical aspects of retiree health care.
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| Advisers Aren’t Alone in Fretting a Lower-Margin Future |
| For asset managers operating in an industry historically dependent on traditional active funds to buoy revenue and profits, the push toward index-linked investing can be worrying.
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