The Future of the 60/40 Portfolio
Investment experts say it’s not the percentages of a 60/40 portfolio that need to change for it to be effective...
Tag: retirement plan investing
Analysis Shows Participant Fees Higher in Plans With Revenue Sharing
Researach also found that mutual funds that pay revenue sharing are more likely to be added to plan investment menus and are less likely to be deleted from...
Retirement Plans Will Likely Face More Litigation in 2021
A year marked by high volatility and rushed cybersecurity practices could bring a new wave of retirement plan litigation for...
Looking for Investment Standouts in the Current Environment
Asset managers share strategies retirement plan investors should consider to weather the low interest rate and volatile equity environment.
Lawsuit Claims Underperforming TDFs Caused $65M Loss to 401(k)
A former participant in the Allstate 401(k) plan accuses plan fiduciaries of keeping poorly performing target-date funds on the investment menu and as the plan's default investment.
Reliance Trust Reaches Deal on 401(k) Excessive Fee, Self-Dealing Suit
Admitting no wrongdoing, Reliance Trust will pay $39.8 million to settle the case.
No Decision to Come in Lawsuit Over Mismanagement of TDFs
The lawsuit against Principal Global Investors and related entities was abandoned.
MTA Sues Investment Manager for Not Protecting Funds During COVID-19
New York transit worker pension plans say the firm's mismanagement caused 'astonishing' losses.
More Sutter Health 403(b) Plan Participants Challenge Plan Investments
As in a lawsuit filed in July, the plaintiffs in the recent case challenge the use of an actively managed TDF suite over an index suite.
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DOL Gives Private-Equity Guidance
401(k) plans may include the strategy as part of a diversified fund.
Data Points
The Virtue in ESG Factors
These investing strategies reveal a rare source of rapid growth.
Estee Lauder Faces 401(k) Plan Excessive Fee Lawsuit
The lawsuit argues that while the TDFs in the plan are CITs, they are private label CITs with much higher expense ratios than the typical CITs offered by...
PAi Enhances Small Market 401(k) Plan Solution
Enhancements include a new investment option from Principal Global Investors geared to minimize market risk by leveraging fixed income investment options that provide a guaranteed crediting rate.
Investment Managers See Opportunities in Small-Caps
They say the Federal Reserve’s fiscal and stimulus moves have put a floor under the equity and bond markets.
DOL Issues Guidance About Private Equity Investments in DC Plans
An Information Letter addresses private equity investments as a component of a professionally managed asset allocation fund and outlines what plan fiduciaries should consider.
Lawsuit Calls Into Question Reasons for Fund Changes
Plan participants allege prohibited transactions between a plan sponsor and its investment manager relating to a revamp of the plan's investment lineup.
ADP Multiple Employer Plan Facing Excessive Fee Lawsuit
The plan's investment adviser is also named as a defendant, accused of helping select and retain high-cost, poorly performing funds.
Excessive Fees, Conflicts of Interest Alleged in New ERISA Lawsuit
The lawsuit almost completely mirrors allegations in complaints recently filed by the same law firm.
Profit Sharing Plan Sponsor Accused of Imprudently Managing Plan Assets
Among other things, the plaintiff alleged fiduciaries of the plan were imprudent in their consideration of participants’ varying interests and needs in the plan’s allocation structure and investment...
Investors Should Treat Coronavirus Effect Same As Other Volatility
“Although the unfortunate reality is that volatility like this may be here to stay until the coronavirus runs its course, experience has proven time and time again that...