NOTICE TO AECOM CURRENT AND FORMER EMPLOYEES: Zamansky LLC Investigates the AECOM Retirement & Savings Plan for Possible ERISA Violations
NOTICE TO WELLS FARGO CURRENT AND FORMER EMPLOYEES: Zamansky LLC Investigates the Wells Fargo 401(k) Plan for Possible ERISA Violations
It doesn't take a crystal ball to know that more expensive non-institutional share classes will underperform lower-cost, but otherwise identical, institutional shares after fees.
Fitch Affirms Trinity Mother Frances Health System at 'BBB+'; Outlook Remains Positive
A unit of Fidelity has been targeted in a class-action suit for fiduciary breach under ERISA as a result of its alleged mismanagement of a stable value fund.
ERISA attorneys say the judge's decision was a complete rebuke of classic arguments in excessive-fee suits, and could provide fodder for the defense in future trials.
State plans would not be subject to ERISA , which some in the industry fear will give them a leg up on private plans.
After recent filings of a dozen lawsuits against university retirement plans, InvestmentNews spoke with the high-profile attorney about the broader world of ERISA fee litigation.
There doesn't appear to be anything in ERISA that would allow a product provider to limit its fiduciary role to the fund level or platform level.
Stadion Money Management, an asset manager based in Watkinsville, Ga., announced Tuesday that is offering ERISA 3(38) fiduciary management on its target-date funds.