A New Fight Breaks Out Over 401(k) Fees

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Recent lawsuits have claimed some financial-services firms’ pursuit of new revenue doesn’t always serve consumers

Investors have reaped big savings as fees have fallen in 401-style retirement plans. But two recent lawsuits have claimed some financial-services companies tried to generate revenue beyond traditional administrative fees, sometimes at consumers’ expense.

One recently settled lawsuit contended employers should have protected employees from plan administrators using their information to sell them products.

Source: News Formal (newsformal.com)

 

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ох, ох, их кумир, телей златой....

There is Always Bitcoin 😂😂😂😂

No surprise here

Well, there’s a real shocker!

Financial services companies provide part of their profit for investing in early-stage markets.

Très civil.

It is unacceptable for a world hungry in every sense to have an economic crisis because the United States wants to bargain with China while China wants to save the face of the United States.

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