401k Headlines with Guest: Eric Dyson

Friday, January 13, 2023 · 1:08:43

Show notes

HEADLINES

Another TDF Suite Draws Excessive Fee Suit
Plan fiduciaries’ decision to retain an actively managed target-date fund suite has drawn another excessive fee suit. More specifically, the suit—filed against the $5.6 billion 401(k) plan of Quest Diagnostics Inc. by current participant William Morales —claims that the “defendant’s failure to disclose the options for the lowest-cost share class available caused Plan participants to ...

Carson Partners with “Conflict Free” Vestwell on 401(k) Offering
Investment advisory Carson Group has paired up with small and midsize retirement plan provider Vestwell to power a defined contribution retirement offering for advisers, the company’s said Tuesday. The two firms are partnering on a program called Carson Complete 401(k), designed to help Carson-affiliated advisers add or scale small and medium retirement plan practices, according to the Omaha ...