"They do not receive sales-related compensation from their employer or third parties, like fund companies ... which requires members to take a fiduciary oath in addition to using a fee-only ...
On January 14, 2025, the DOL issued Field Assistance Bulletin (FAB) 2025-01, providing sponsors and administrators of ongoing defined ...
About 70% of the 401(k) plan—nearly $2 billion—was invested in one fund, when “much cheaper” versions of this investment were available, allege employees in the class-action lawsuit.
or remove a fiduciary. The court determined that—alongside EBC, Aon, and the Asset Management Group—American was also responsible for overseeing the plan's managers, in addition to ...
The Fiduciary Advisor Network proudly announces the addition of a distinguished new ... volunteering to raise funds for the Leukemia and Lymphoma Foundation, and raising awareness about the ...
Plan fiduciaries of the Allstate 401 (k) have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services. Plan fiduciaries of the Allstate 401 ...
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