Tag: retirement plan investments

With potentially lower future returns and low interest rates, plan sponsors should reexamine plan investments to help participants with retirement...

Hartford Funds presents interval fund; OpenInvest partners with LGIMA in ESG solutions; ProShares releases additional ETFs in dividends growth suite;...

BBVA Compass Bancshares is accused of failing to monitor investments and remove imprudent ones.

A federal court judge ultimately found that a participant in George Washington University’s two retirement plans had previously waived her...

A federal court found plan fiduciaries acted with loyalty and prudence, and that plaintiffs failed to show the failure to...

According to Northern Trust, Corporate Employee Retirement Income Security Act (ERISA) pension plans had the best first quarter on a...

Though the contention in the lawsuit was over Eaton Vance’s use of mostly proprietary funds in its 401(k) plan, the...

However, in a dissenting opinion, Senior Judge Jane Richards Roth says cases such as this one should be carefully scrutinized...

FINRA accuses AXA of providing documents to plan sponsors and participants that misrepresented the credit quality of certain bond funds...

The latest report from Russell Investments shows the largest defined benefit (DB) plan sponsors have shifted more to fixed income...

In addition to a $23.6 million payment, the settlement agreement includes additional terms relating to a review of investment options...

WisdomTree Restructures European and Japan Equity Funds; SSGA Launches Sector Rotation SPDR ETFs; Vanguard Files SEC Registration for Commodity Strategy...

Principal Financial Group launches the Principal Guaranteed Option, while Charles Schwab introduces subscription pricing for robo-advice. 

The court found the Sequoia Fund’s investment in Valeant Pharmaceuticals was consistent with the retirement plan documents, and plaintiffs concentrated...

The case is notable for arguing that an investment that had only a 4 basis point annual fee could have...

FTSE Russell creates index series for asset allocation strategies; Legg Mason reveals short-duration ETF; and Schwab announces additions to ETF...

A federal judge found that the plaintiffs provided more than enough evidence to support excessive fee claims, noting that, “Plaintiffs...

In a case that alleges, among other things, that defendants breached their ERISA duties by offering a money market fund...

A university spokesperson told Yale News that the changes to the retirement plan were not in response to ongoing litigation.

The case against the $500 million 401(k) plan was also settled for a “small” amount—$500,000.