Featured Jobs
|
Senior Retirement Plan Administrator (TPA) Kernutt Stokes
|
|
Retirement Plan Quality Assurance Specialist ERISA Services Inc.
|
|
Regional Vice President of Sales MAP Retirement
|
|
PCS Retirement
|
|
BPAS
|
|
MAP Retirement
|
|
Special Projects Account Manager Nova 401(k) Associates
|
|
Loren D. Stark Company
|
|
M2B Retirement Consulting LLC
|
Free Publications
|
|
Empower Accused of Pushing Excessive Costs, Underperforming Investments
PLANADVISER 
Aug. 20, 2025 "According to the filing, Empower leveraged its role as recordkeeper for employer-sponsored retirement plans to harvest confidential participant data and then target individuals, particularly those nearing retirement or with large balances, for sales pitches. The plaintiffs allege sales representatives falsely portrayed Empower's 'managed account' program ... as the only recommended investment option."' [Williams‑Linzey v. Empower Advisory Group, LLC, |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |