A New Fight Breaks Out Over 401(k) Fees

Canada News News

A New Fight Breaks Out Over 401(k) Fees
Canada Latest News,Canada Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Green activists fight the great fight—but get dragged down by petty lawsuits | OpinionGreen activists fight the great fight—but get dragged down by petty lawsuits | OpinionDespite the crisis confronting our planet, environmental activism has become a dangerous activity. The latest threat is lawsuits.
Read more »

Banks lose appetite for new Brexit fightBanks lose appetite for new Brexit fightWhile Britain debates the merits of a second Brexit referendum, London's fi...
Read more »

Banks lose appetite for new Brexit fightBanks lose appetite for new Brexit fightWhile Britain debates the merits of a second Brexit referendum, London's fi...
Read more »

Trump seeks $4.5 billion in emergency border aidTrump seeks $4.5 billion in emergency border aidTrump's funding request is the first major move by the White House to respond to what it calls a “humanitarian crisis” at the Southern border
Read more »

White House seeks $4.5 billion in emergency border aidWhite House seeks $4.5 billion in emergency border aidThe White House asked Congress for $4.5 billion in emergency aid to address the surge of migrants crossing the southern border, according to documents obtained by POLITICO
Read more »

Judges declare Ohio's congressional map unconstitutionalJudges declare Ohio's congressional map unconstitutionalA federal court ruled Friday that Ohio's congressional map is unconstitutional and ordered a new one be drawn for the 2020 elections. A three-judge panel of the U.S. District Court in Cincinnati ruled unanimously that district boundaries were manipulated for partisan gain by Republican mapmakers
Read more »

Amazon's new Go store in New York will be its first to accept cashAmazon's new Go store in New York will be its first to accept cashThe newest Amazon Go store will be doing something old: accepting cash.
Read more »



Render Time: 2025-03-13 17:36:36