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Settlement Agreements in 401(k) Fee Suits Offer Lessons for Fiduciaries
Pensions & Investments 
Feb. 23, 2015 "Among various settlements, key issues have included fees, revenue sharing, retail vs. institutional shares, record keepers' proprietary investment options, and DC plan practices for searching and monitoring record keepers and investments. ERISA attorneys say dollar awards usually are only part of the story ... Although defendants don't admit wrongdoing in settlements, ERISA attorneys say these agreements help peers see if their policies are similar to those cited in the settlements and how plaintiffs' lawyers prepare strategies." MORE >> |
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