In support of its motion to dismiss a consolidated lawsuit, Fidelity argues that it is entitled to negotiate and collect fees from providers on its FundsNetwork, and that siding with the plaintiffs would be detrimental to retirement savers.
Principal’s acquisition of Wells Fargo’s Institutional Retirement & Trust business is complete, and Principal’s Renee Schaaf discussed what that means going forward for the businesses and their clients.
Joe Ready, current head of Wells Fargo Institutional Retirement & Trust, is taking a new role as head of Trust and chief fiduciary officer for Wells Fargo Wealth & Investment Management.
Talking about the decision to acquire the sizable retirement plan business of Wells Fargo, Principal Financial Group’s Renee Schaaf says it’s all about scale and doubling down on the plan sponsor experience.
LT Trust's new website will serve as a 401(k) resource center to employers sponsoring 401(k) plans and to their employees.
An insight article offers a framework for identifying and managing operational risks, and Julian Regan, with Segal Marco Advisors, says even though the insight is given for public-sector DC plans, it could apply to corporate DC plans as well.