General Electric 401(k) Fiduciaries Accused of Self-Dealing |
Participants in GE’s 401(k) plan allege the company retained proprietary investments in the plan, even when they were imprudent, in order to earn revenue.
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CITs in DC Plans Quickly Becoming the Norm |
Many asset managers describe 2017 as a “tipping point” for collective investment trust flows from DC plans, according to a new analysis from Cerulli Associates.
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Data from Cerulli Shows Boutique Consultants Focused on Mid-Market |
“The midsized plan asset segment is representative of the DC market segment in which the boutique DC consultant is most prevalent and growing its market share,” Cerulli reports.
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More Education Needed About Paying for Long-Term Care in Retirement |
A poll found most Americans think Medicare or health insurance will cover the costs.
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