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Free Publications
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Managed Accounts and Investment Advice: What Fiduciaries Should Know
Kutak Rock LLP 
Oct. 16, 2025 "Recently, multiple lawsuits have been brought against large recordkeepers (e.g., TIAA, Empower, Fidelity) and other service providers that offer investment advice and managed account products to retirement plan participants. These lawsuits serve as a reminder that investment advice is fiduciary advice that plan fiduciaries must review and monitor regardless of how it is offered (in person, phone, computer program, website module)." MORE >> |
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