Rockland Trust Sued Over 401(k) Fund Performance
Participants claim the bank’s 401(k) plan invested in an underperforming managed mutual fund managed by T. Rowe Price.
Tag: investment benchmarks
Will Supreme Court’s Ruling on Intel Case Change Fiduciaries’ Benchmarking?
Some industry professionals believe plan sponsors and fiduciaries can start benchmarking individual funds, but others are delaying action until after...
SCOTUS Intel Hearing Focuses on ‘Meaningful’ Fund Benchmarks
Justices pressed both sides on what constitutes a valid comparison when evaluating retirement plan investment performance in ERISA lawsuits.
Investment Products and Services Launches
Morningstar Grows Fund Ratings System with Quantitative Rating; First Trust Merges Two Funds; and Vanguard Changes Benchmarks for Funds.