The real reason why your 401(k) fees are falling
Mutual fund costs have fallen to 48 basis points in 2016 from 77 basis points in 2000 for plan participants, according to data from Investment Company Institute.
Finance and investment-related court cases
Claims against Prudential, CapTrust dismissed in 401(k) suit
The organizations did not breach fiduciary duty by offering high-cost mutual funds, judge rules.
Benefits Think 401(k) fee litigation finds new targets
More and more lawsuits are being filed to challenge plan fees and investments, underscoring the need for a new law.
Carol Buckmann
Cohen & Buckmann PC
Benefits Think Private equity funds saddled with pension liability
A Massachusetts district court recently ruled that two affiliated private equity funds were liable for the unfunded vested benefits owed to a multiemployer pension fund by its bankrupt portfolio company.
Eva Davis
Winston & Strawn
ERISA attorney cautions employers against settling cases
Plan sponsors should stand their ground to discourage plaintiffs from pursuing more lawsuits, says one expert.
ERISA attorney cautions plan sponsors against settling cases
Lawsuits can’t be avoided, so advisers should focus on helping clients improve their processes, one expert says.
MetLife defeats U.S. government’s too-big-to-fail labeling
MetLife beat back a U.S. attempt to label it too big to fail, which would’ve put America’s biggest life insurer under tougher government scrutiny and forced it to put more money in reserves.
