Fee Benchmarking Goes Digital
Financial reporting and benchmarking firm FRA PlanTools released an iPad app aimed at providing a fast and cost-effective way for plan advisers and sponsors to access and compare...
Tag: Fees
DC Plan Fees Fall to Record Lows
New fee transparency regulation, along with a number of widely publicized fee-related litigation cases, helped drive costs related to retirement investment account administration to record lows this year.
Portico Releases Fee Disclosure Guide
Portico Wealth Advisors released a report to educate plan sponsors about new fee disclosure and analysis requirements.
PANC 2013: Changing the Focus
Fees may no longer be the loudest voice in retirement plan discussions, said panelists at the PLANADVISER National Conference in Orlando, Florida.
Indexing in DC Plans Rises Sharply
Research from Vanguard's Center for Retirement Research examines how the adoption of index target-date strategies has transformed the composition of defined contribution (DC) plans.
Professor’s Study Riddled with ‘Deficiencies’
August 7, 2013 (PLANSPONSOR.com) – Attorneys at Drinker Biddle & Reath identified what they say are a number of deficiencies in Ian Ayres’ study of retirement plan fees.
Fidelity Cleared of Excessive Fee Violation
A federal appeals court affirmed the dismissal of a lawsuit against Fidelity Management Trust Company regarding excessive fees.
Brokerage Must Repay Plan Participants, Beneficiaries
An insurance brokerage firm must repay more than $270,000 to the participants and beneficiaries of a Florida-based retirement plan.
John Hancock Cleared of Wrongdoing in Excessive Fee Case
Claims brought against John Hancock Life Insurance Company by retirement plan participants have been dismissed.
Plan Provider Waives Plan Startup Costs
Starting July 24, a provider of retirement plans for small and medium-sized businesses will offer a “No Fee Week” for new plans.
Fee Disclosure Still Has a Way to Go
The Department of Labor (DOL) made progress on fee disclosure, but there is still room for significant improvement, contends Tom Gonnella of Lincoln Trust.
OneAmerica Service Helps Ensure Fee Equity
OneAmerica company McCready and Keene, Inc. announced its new Strategic and Targeted Allocation of Revenue (STAR) service.
Fee Disclosures Barely Ripple Participants
Fee disclosure regulations implemented last year have had a negligible effect on workers participating in employee-sponsored retirement plans, a survey found.
Certain Revenue Sharing Payments not Plan Assets
The Department of Labor (DOL) has weighed in on whether certain revenue sharing payments constitute plan assets under the Employee Retirement Income Security Act (ERISA).
Tentative Settlement Reached in Excessive Fee Case
A tentative settlement has been reached in a lawsuit concerning excessive fees for 401(k) investments.
Manning & Napier Rolls Out New Unit Class
A zero-revenue share class was added to Manning & Napier’s Pro-Mix Collective Investment Trust (CIT) Fund family.
401(k) Participants' Mutual Fund Expenses Declined
The expenses 401(k) plan participants incurred for investing in long-term mutual funds declined in 2012, the Investment Company Institute (ICI) found.
Answers to Top 10 Tough Compensation Questions
A guide from the Principal Financial Group helps advisers answer common plan sponsor questions about compensation.