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A Revenue-Sharing Case That Could Have Far-Reaching Implications is Decided
PLANSPONSOR; free registration may be required Link to more items from this source
[Opinion]
July 29, 2010
Excerpt: Well, apparently they did not even ASK the investment fund providers to waive the minimums for investment in institutional class shares. That's right, they never asked if those minimums could be waived ? so, of course, they weren't (particularly damning was the testimony of the employer's expert that such waivers were routinely granted, and for plans of much smaller size). Think of it as 'the duty to ask.'

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