Tag: Investments

SEI recommends that retirement plan sponsors hire a discretionary investment manager who can provide greater fiduciary insulation and hire or...

The lawsuit claims the university’s 403(b) plans’ investment options were imprudent and expensive.

The plaintiffs serving as representatives of the class include the City of Birmingham Retirement and Relief System.

Nationwide advisers can provide small plans with LPL’s 3(38) investment fiduciary service.

The suit calls out the traditional 403(b) plan model of offering multiple funds, including individual annuities, and using multiple recordkeepers.

Corporate ERISA plans were helped by a larger allocation to U.S. fixed income.

U.S. retirement plan participants favored fixed-income during the busy trading month of July. 

The Investment Company Institute applauds the California governor and legislature for aiming to promote savings among the state’s private sector...

The 9th Circuit will review whether the plaintiff can raise an “ongoing-duty-to-monitor” argument in his retirement plan excessive fee suit.

New Cerulli Associates research offers some timely thoughts on target-date fund customization.

The case calls out one fund in particular, which it says “was larded with high fees and has suffered from...

Allegations are similar to a number of other self-dealing lawsuits against fund managers this year.

The bank will pay at least $60 million to ERISA plan clients.

Vanguard Closes Dividend Growth Fund; Schwab Offers Fund Tracking the S&P 500 Equal Weight Index, and more.

The bank has agreed to pay $335 million to settle a lawsuit brought by the Pennsylvania Public School Employees’ Retirement...

Quarterly reports of details of Mutual of Omaha funds will now only include funds in a 401(k) plan’s lineup.

The appellate court concluded the Ohio pension fund plausibly alleged facts to support its claims.

In an effort to improve the usage of TDFs, plan sponsors are beginning to assess both the number and quality...

Mercer suggests the Trends module will be updated on a quarterly basis with real data on investment manager searches, enabling...

On the fixed-income side, Strategic Insight finds active bond funds netted $6.1 billion of new investments during June 2016, “mainly...