Tag: Investing

In addition to alleging the St. Louis-based university allowed the plan to charge excessive fees, the lawsuit alleges the plan's loan program violated ERISA prohibited transaction rules.

Selecting, retaining and failing to remove expensive group-affiliated investment options generated significant revenue for Capital Group and its subsidiaries, the lawsuit says.

Envestnet | Yodlee rolls out a suite of applications utilizing predictive analytics and artificial intelligence to help users create better spending habits and save toward goals. 

U.S. District Judge Phyllis J. Hamilton in the U.S. District Court for the Northern District of California found that for repeated claims the plaintiffs failed to correct the...

The lawsuit alleges United of Omaha breached its ERISA duties by improperly exercising its discretionary authority “to maximize its own compensation and retain large profits rather than crediting...

The university is also accused of approving a TIAA loan program that required excessive collateral as security for repayment of the loan, charged grossly excessive fees for administration...

Transamerica and Sage Advisory Services have teamed up on a solution to ensure that the investments meet the plan’s needs in helping prepare employees for retirement.

Results from an FTSE Russell survey also detail strong interest in applying environmental, social and governance (ESG) considerations to smart beta.

Millennials are saving more to keep experiencing the lifestyle they want even if it means working for the rest of their lives. 

Providers introduce plan health assessment tools: One is part of a suite of financial wellness solutions, and one offers an assessment that includes plan compliance measures.

While several claims were dismissed, several were allowed to move forward.

A federal judge agreed with the 403(b) plan participants on many points, but agreed with Emory University that offering a wide range of investment options does not hurt...

Outcomes from using an OCIO have been generally positive and have the potential to improve DB plan funded status, particularly in volatile market conditions, the firm says.

The latest decision in RJR vs. Tatum comes out of the 4th U.S. Circuit Court of Appeals, which has previously made multiple rulings on the long-running and procedurally complicated...

There are some things plan advisers and sponsors can do to help defined contribution (DC) plan participants refrain from reacting to unreliable financial news.

The second amended complaint in a lawsuit accusing the Walt Disney Company of wrongdoing under ERISA fails to plausibly demonstrate that fiduciary breaches occurred, a district court ruled. 

In their lawsuit, the plaintiffs called the Fujitsu plan one of the most expensive in the country and specifically called out the design and implementation of the plan’s...

“The court should compel individual arbitration of [the plaintiff's] claims and, on that basis, dismiss the lawsuit, or stay the litigation pending the outcome of individual arbitration,” the...

The lawsuit contends layering of BlackRock proprietary funds within its TDFs causes excessive fees for plan participants.