Fidelity, Putnam Excessive Fee Cases Moved Forward
A federal district judge denies motions to dismiss in both cases.
Arnerich Massena announces new CFO; Pentegra Retirement Services names regional director for upper Midwest territory; GW&K adds taxable bond portfolio manager; Northern Trust Asset Management boosts OCIO team.
It will be some time still before the fiduciary rule language is fully digested by retirement plan service providers, but first-impression commentary is already pouring in.