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 charge too much.
The California Public Employee Retirement system outlines several cost-saving strategies including changes to its health care program and its investment-management practices.
Changes made to the CPS in response to reports of inaccuracies in gaging income led to miscalculations in reporting the amount of employees engaged in employer-sponsored retirement plans,...