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
The Securities and Exchange Commission's move earlier this week to greenlight Dimensional Fund Advisors' plan to offer ETF share classes of its mutual funds is likely ...
After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...