Court Refuses to Dismiss Suit Against Franklin Templeton
Among other things, a federal court determined that, although the plaintiff signed a release of claims when terminated, the claims...
Tag: Fees
Plan Sponsors’ and Advisers’ Goals Sometimes Misaligned
Plan sponsors are more concerned with operating their plans and avoiding potential liabilities, while plan advisers are more focused on...
Plan Sponsors Must Judge Fees Independently
Advisers and providers will help defend against fee challenges, but it is important to point out that the providers’ obligation...
403(b) Plan Fees Mostly In Line With Other DC Plan Fees
Data from the PLANSPONSOR DC Survey indicates there were only slightly more 403(b) plans with investment expense ratios in the...
Fiduciary Rule Could Soon Be Delayed By Congress
According to its author, the legislation will “delay the implementation of a job-destroying rule … giving Congress and President-elect Donald...
Claims in Excessive Fee Suit Against Prudential Tossed
A court found Prudential was not acting as a fiduciary and an employer’s 401(k) plan menu and use of an...
Multiple Recordkeepers at Heart of Excessive Fee Suit
The complaint says having different recordkeepers for a traditional DC plan and a 403(b) plan caused participants to pay too...
Managing Investment Fees Among Plan Sponsors' Top Concerns
This is a shift from an emphasis on fiduciary risk in fund selection, a study finds.
New 401(k) Excessive Fee Suit Filed Against Delta Air Lines
Among the charges is that, prior to 2011, the plan included too many, and duplicative, investment options.
New Trends in ERISA Litigation Appeared in 2016
ERISA lawsuits against retirement plans in 2016 have included new allegations not seen before and have spread to target different...
Products |
Investment Products and Services
Prudential launches new TDF suite; Natixis releases ESG TDFs; and Vanguard reports reduced expense ratios.
Starwood Hotels Accused of Multiple Fiduciary Failures
Excessive fees, revenue-sharing, lack of a stable value fund and failing to follow fund selection for participants are among accusations...
DC Participant Experience Will Change Regardless of DOL Rule
Broadridge identified three trends driving change in the retirement industry.
Mercer Suggests Areas for DC Plan Review
Plan design, investments, fees, financial wellness and the DOL’s fiduciary rule are all things defined contribution plan sponsors should consider...
401(k) Eligibility Nearly Universal
And when they are offered a plan, 87.6% of participants participate.
Products |
Investment Products and Services
Hartford Funds reduces dees for strategic beta ETFs; John Hancock launches ESG-focused funds; Nuveen introduces ESG-focused ETFs.
The Case for the Traditional K-12 403(b) Model
Elements of the traditional model for K-12 403(b) plans provide motivation to participate and needed financial help, but there is...
DC Plans Use Passive Investments for Fiduciary Ease
“If they are choosing a passive investment option simply because it is less work for them, this is not in...
Advisers’ Responsibilities to Plan Sponsors Extend Beyond Investments
With increased litigation, a new fiduciary rule and a new presidential administration, retirement plan sponsors should evaluate the services provided...
Wells Fargo 401(k) Suit Challenges Use of Proprietary TDFs
The lawsuit accuses the bank of using an "easy enroll" feature to funnel funds into its TDFs, which it says...