Stable Value Fund Suit Sent Back for Amended Complaint |
A federal judge has asked for an amended complaint showing that a stable value fund provider set interest crediting rates below actual rates of return in order to make a profit.
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Traditional Advisers Can Learn From ‘Robos’ |
Being able to aggregate and monitor cash flows is an emerging client need that robo-advisers excel at meeting, says another Hearts & Wallets report. Fifty-one percent of respondents said they needed help in this area.
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Corporate Pension Plans Seeking New Risk Reduction Measures |
In 2016, the number of defined benefit plans with a funded status less than 80% increased to 28%, from 21% in 2015, according to a new survey by investment consulting firm NEPC.
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Investment Products and Service Launches |
T. Rowe Price Expands 401(k) Brokerage Services with Charles Schwab; Wilshire Launches New EVA Index Family; USAA Launches R6 Retirement Share Classes; and more.
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