Browsing Tag
Class Action
20 posts
Investor Satisfaction with Online Brokerage Firms Stagnant: J.D. Power
TD Ameritrade and Fidelity rank highest in respective segments of 2024 Self-Directed Investor Satisfaction Study
Savers Concerned About Inflation; Few Taking Action to Combat It
Lincoln Financial study finds inflation is No. 1 financial concern among consumers across generations
Key Action Points for Advisors to Consider Ahead of Final Fiduciary Rule
As the industry expects to see more ERISA fiduciaries enter the market in 2024, panelists at the VCI Industry Leaders Summit touch on next steps for advisors to review
Lincoln Touts Shift from ‘Retirement Planning’ to ‘The Action Plan’
New campaign promoting "The Action Plan" seeks to reframe the way the financial category portrays 50+ and the life they want during retirement
DOL Fiduciary Rule Released; Industry Reaction Pours In
President Biden will speak about the rule from the White House at 3:30; new proposal applies a fiduciary standard to retirement advice on rollovers
No Quick Exit for 401k Class Actions Over Proprietary Funds
A district court recently denied a motion to dismiss a 401(k) proprietary fund class action, continuing an overwhelming…
Can Arbitration Shield You From 401k Class Actions?
ERISA class action lawsuits are expensive to defend even if you win. Given that 401k (and other) plan…
SunTrust 401(k) Suit Gets Class Action Status
Participants in SunTrust Bank’s 401(k) plan got the okay to proceed as a class with their claims that the…
Another Class-Action 401(k) Fiduciary Lawsuit Filed
Fresh off the announcement of Boeing’s settlement for its alleged 401(k) fiduciary breach, and still basking in the…
Class Action 401(k) Claims Rejected By the Supreme Court
The recent Supreme Court ruling in Tibble v. Edison might have led to a bit of overzealousness on…