Tag: Fees

Many committees do not have the expertise to select investments and should use outside help, SEI says.

Participants in three Ford Motor Company retirement plans suggest their adviser and recordkeeper are permitting excessive fees to be charged...

The text of the defeated complaint shows insurance providers are clearly worried about potential consequences of the DOL fiduciary rulemaking.

The financial-services firm has released a fee-policy statement designed to help plan sponsors and their advisers evaluate fees surrounding retirement...

Some experts say taking the 12b-1 approach can result in lower net fees, while others call for an end to...

Prudential reduces fees on mutual funds; Beaumont Capital Management releases smart beta series; and Ivy launches NextShares exchange-traded managed funds.

A report from Department of Financial Services Superintendent Maria T. Vullo says actions of the New York State Comptroller are...

A federal judge found that allegations regarding the assessment of excessive fees from which defendants stood to gain are sufficient...

The DTCC solution supports the exchange of data between insurance carriers and distributors for the on-going reporting of fees, expenses...

Mercer has revealed a new approach to help employers contain specialty pharmacy costs. 

An NEPC survey finds 82% of DC plans have re-contracted their recordkeeping fees since 2013.

A retirement plan participant accuses a well-known plan provider of delivering “no material services” in connection with certain advisory fees. 

The complaint cites portions of key Northrop Grumman plan documents, challenging the process by which the company assembled and monitored...

An Employee Retirement Income Security Act (ERISA) lawsuit filed by participants in a Chevron Corporation defined contribution (DC) plan has...

The lawsuit also calls out excessive revenue-sharing and recordkeeping fees.

Institutional asset owners are increasingly skeptical of revenue sharing and are relentlessly pursuing lower fees within defined contribution plan investment...

By comparison, ICI data shows that plans of all sizes pay an average of 1.29% in fees.

Institutional investors, including employer-sponsored retirement plans, are generating significant demand for inexpensive and transparent investment vehicles. 

The lawsuit claims the investment manager selected and retained relatively high-cost and poor-performing investment options for its 401(k) plan, some...

This is the second lawsuit filed against Columbia University this week.