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The Fiduciary's Default Investment Choice

Several high-profile class action lawsuits are now winding their way through the federal courts alleging high costs, sustained underperformance, and failure to properly disclose and account for revenue sharing and other "under the table" payments in pension and 401(k) plans. The fiduciaries have only themselves to blame. These issues should never have been on the table.

18 minute readMarch 29, 2012 at 02:58 PM
By
Frank Armstrong
The Fiduciary's Default Investment Choice

Several high-profile class action lawsuits are now winding their way through the federal courts alleging high costs, sustained underperformance, and failure to properly disclose and account for revenue sharing and other “under the table” payments in pension and 401(k) plans.

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