401(k) Mismanagement

For countless Americans, the promise of a secure retirement rests on their 401(k) plans. These...

As the Employee Retirement Income Security Act of 1974 turns 50, the federal statute known as...

is conducting an investigation to determine if Capital Group has...

The overall operations of a mutual fund are under the supervision and authority of a board of...

Another important data point for mutual funds is their investment performance, both absolute and...

Information describing the mutual fund is disclosed to investors in a legal document known as a...

Mutual Fund Fees and Expenses Just as important as the information on investment objective,...

Federal Claims Against Milliman, Inc. Employers offer a number of employee benefits to attract and retain their workforce. One of those very important employee benefits is a retirement savings plan known the 401(k) plan. The Employee Retirement Income Security Act (“ERISA”) is a federal law that governs how employers are to manage their 401(k) plan. It imposes strict fiduciary duties…

In the news lately, there have been reports of pension plans fighting back against investment advisers accused of breaching their duties of prudence and loyalty, in one case securing a settlement with their investment adviser for $642 million. In the public sector, at least 25 investor lawsuits, predominantly by U.S. public pension funds, including those for Arkansas teachers, New York…