Clients Will See Changes in Managed Accounts Due to DOL Rule
Managed account providers are focused on platform consolidation and expect fees to decline.
Tag: Fees
Self-Dealing Suit Against Wells Fargo Dismissed
A U.S. District Court Judge agreed with Wells Fargo that allegations that the bank breached its fiduciary duty by continuing...
Products |
Wells Fargo Advisors Focuses on T-Shares for Retirement Clients
The move to T-shares for retirement accounts is expected to help advisers and clients working with the brokerage firm meet...
Products |
Application Aims to Give Plan Sponsors Fee Negotiating Power
Josh Itzoe from Greenspring Wealth Management says FeeMetri(k)s' goal is to make retirement plan sponsors fee experts in five minutes.
University of Chicago Faces Excessive Fee Lawsuit
The university is accused of not negotiating a better price for recordkeeping and retaining high cost, underperforming investments, among other...
Morningstar Reports Record Low in Fund Fees
The demand for low-cost passive funds is driving a downward trend in fees for mutual funds and ETFs, according to...
Mutual Fund Expenses Continue Downward Trend
There was a decline in expense ratios for actively managed and index equity and bond mutual funds, ICI data shows.
Products |
Plan Health Not Just About Fees and Investments
Two providers have introduced retirement plan health measurement tools with different approaches.
Duke University 403(b) Plan Excessive Fee Suit Moves Forward
Claims moving forward regard excessive fees by using four recordkeepers and excessive fees by offering too many funds in the...
Participants Still Lack Understanding of Fee Disclosures
Years after the DOL required fee disclosures be made to retirement plan participants, participant awareness continues to lack, but improvements...
Plan Sponsor Opportunity as Asset Managers Shift
One study suggests asset managers sticking to old sales and service models will very quickly start to fall out of...
Products |
Investment Products and Service Launches
Franklin Templeton launches strategic beta ETFs and Vanguard reduces expense ratios on more funds.
Starwood Hotels 401(k) Excessive Fee Suit Moves Forward
A district court judge found the plaintiffs “have pleaded sufficient facts from which the Court can reasonably infer that Starwood...
TDF Growth Means Monumental Change in Offerings
With TDFs dominating the DC market, fund managers are looking at new ways to enhance these vehicles and face the...
Asset Managers Reacting to Passive Investing Shift
“Responses to the shift vary greatly, ranging from just hoping this trend changes to working to reduce their cost structure,...
Sharp Attention Needed To Interpret Retirement Plan Fee Data
Even with huge amounts of data available, there is not very much simple or straightforward about retirement plan fee benchmarking.
Fujitsu’s Motions to Dismiss 401(k) Excessive Fee Suit Denied
A federal court judge has found the plaintiff’s claims plausible.
Sponsors May Soon See New Share Class Recommendations
They key development around “T shares” is that they feature uniform commissions, while “C shares” move compensation away from the...
Products |
Investment Products and Services Launches
American Century releases new alternative investments fund, and Thornburg Investment Management adds R6 share classes.
Court Asked to Compel Arbitration of Schwab Self-Dealing Suit
According to the motion filed by attorneys, the fact that the plaintiff’s claims are brought pursuant to ERISA’s civil enforcement...