Kodak Settles Stock Drop Suit for Nearly $10M
The lawsuit claims that when Kodak filed for bankruptcy protection in January 2012, it failed to take action to protect retirement plan participants from financial loss.
New research from Cerulli Associates argues managed accounts and target-date funds each have distinct roles to play on the retirement plan investment menu.
Vanguard reports fund expense reductions; Nationwide makes Stadion’s StoryLine small business 401(k) solution available on its platform.
PBGC director says penalties “should be no more than necessary to encourage timely payments.”
One veteran retirement plan adviser predicts the real impact of the new DOL fiduciary rule will take shape over the long-term—and firms' initial attempts at compliance may not...