A handful of other fund managers have settled similar allegations over the past two years.
Benefits lost to excess earnings are restored at full retirement age.
Observers say the proposal could open up areas of arbitrage, depending on how it's drafted.
The firm is one of the last holdouts to launch CITs, signaling increased demand for the investment vehicle.
It may be easy to dismiss ESG as a fleeting investment idea, but people thought the same about target-date funds in the '90s.
Fiduciary advisers should be weighing the risks and upsides of securities lending.
Small 401(k) plans may have flaws, such as cost, but there are trade-offs involved in using alternate solutions.
If you can't guide retirees through income distribution, it could prove costly. Learn tips and strategies to help get started helping clients through this new stage in life.
Benefits lost to excess earnings are restored at full retirement age.
A federal judge ruled the university did not act imprudently with employee retirement plans.
The program will close in September, though some aspects such as participant education still will be available to advisers.
Tax collectors in states like New York make it really hard to leave.
Until such guidance is issued, the ERISA Industry Committee is asking the Department of Labor to cease sending threatening letters to plan administrators.
Advisers can use a mathematical formula to more safely guide a client's retirement income portfolio.
Decision involves two lawsuits related to University of Southern California retirement plans.
Text said a 401(k) loan was being processed, but no accounts were actually affected.
For older workers, staying on the job is a more effective strategy than increasing savings.
Plaintiffs given until July 30 to file amended complaint against executives of the $38.6 billion plan.
Persistent percentage of defined contribution plan participants contribute below the employer match threshhold.
Suit involved decline in price of company stock held in the 401(k) plan after regulators fined Wells.
