Tag: Fees

Horizon investments updates goals-based strategy; Fidelity lowers investment expenses on 27 index mutual funds and ETFs. 

The plaintiffs in the case have voluntarily dismissed the action.

Under the terms of a proposed lawsuit settlement, Transamerica will have to make structural changes in the way it runs its own retirement savings plan, including changing how...

Plan sponsors are coming to appreciate that a smaller investment menu does not necessarily imply a less sophisticated menu. 

Fidelity is launching three new low-cost index funds. 

MassMutual has agreed to pay $30.9 million to former and current participants of the MassMutual Thrift Plan and the Massachusetts Mutual Life Insurance Co. Agent Pension Plan.

Significantly more plan sponsors intend to take action in the form of negotiating for lower fees or lower-fee share classes, eliminating revenue-sharing arrangements, or consolidating the plan investment...

DB plan sponsors need help assessing whether they are in the right vehicle structures or funds offering the right liquidity terms. 

A coalition of national financial and business trade groups has filed a lawsuit to strike down the DOL’s new regulations that will require most brokers and investment consultants...

One accusation in the lawsuit is that Fidelity receives "kickbacks" from Financial Engines.

The lawsuit argues that even a 114-participant, $9 million dollar 401(k) plan can get lower fees on investments and services.

Plan designs are also changing.

BB&T Corporation finds itself in the crosshairs of an increasingly active law firm that has dived headlong into filing big-dollar complaints under ERISA. 

Add a proposed class action lawsuit against M&T Bank Corporation to the sizable and quickly growing list of new ERISA actions filed so far in 2016. 

Retirement plan advisers and sponsors should consider the compounding effect on fees when making fee decisions.

There is more focus on fiduciary decisions about retirement plan fees due to increasing litigation.

That’s also an indication that they outperformed their category group.

Cerulli Associates outlines various hurdles to wider managed account adoption in a new report, while urging advisers to consider how managed accounts can complement TDFs. 

Vanguard reports fund expense reductions; Fidelity launches expanded private equity platform; Nationwide makes Stadion’s StoryLine small business 401(k) solution available on its platform.

And of those who think they pay for these products, many have no idea how much.