In the Margins
Yale University, New York University and the Massachusetts Institute of Technology have been sued over allegations that their defined contribution plans charged employees excessive plan fees, leading them to overpay by millions of dollars in retirement savings. The lawsuits are part of a decade-long trend of plan participants bringing claims against employers for alleged fiduciary breach under the Employee Retirement Income Security Act of 1974. Read the original story from InvestmentNews.
Most Read
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...
The Lord Abbett Funds board has done a lot of heavy lifting in the past few years, hiring new members, overhauling governance practices, and installing new ...