In general, fund fees continue to decline, including those of actively managed funds.
Tag: retirement plan investing
The challenged target-date funds have already been taken out of the plan, and the defendants have agreed to pay $13.75 million into a settlement fund.
It says work is underway to bring uniformity, clarity and accountability to the environmental, social and governance (ESG) investing market.
SEI launches asset allocation-based models as part of ETF strategies; Vanguard adds active equity funds to Personal Advisor Services solution; and John Hancock introduces mortgage-backed securities ETF.
Providing Guaranteed Income and Advisory Services Among Recommendations to Improve Retirement Security
Reducing debt and having a clear spend-down strategy were also among the four keys to facilitating financial security in retirement identified by EBRI's Retirement Security Research Center.
It can be tempting for those nearing retirement to turn to equities in a last ditch effort to improve retirement savings, but certain communications and plan design features can steer them in the right direction.
The suit alleges that defendants used the plan to increase their own revenue and seed new funds.
The lawsuit alleges fiduciary breaches related to ensuring reasonable administrative and investment fees.
Academics say "low-attention" investors let TDF managers favor their own families of funds at the expense of performance.
DCALTA says its framework addresses the key implementation challenge identified by plan sponsors: operational aspects of daily valuation of private alternative assets that do not trade on an exchange.
The firm is accused of self-dealing in its retirement plan in violation of the Employee Retirement Income Security Act, to the detriment of plan participants.
For most claims regarding the use of alternative investments in Intel Corp.'s retirement plans, the judge found the plaintiffs didn't prove their comparisons were suitable.
Researach also found that mutual funds that pay revenue sharing are more likely to be added to plan investment menus and are less likely to be deleted from them
A former participant in the Allstate 401(k) plan accuses plan fiduciaries of keeping poorly performing target-date funds on the investment menu and as the plan's default investment.
Admitting no wrongdoing, Reliance Trust will pay $39.8 million to settle the case.