Browsing Tag
Fidelity Investments
194 posts
MIT Agrees to Hefty Sum for Alleged Fiduciary Breach
Massachusetts Institute of Technology employees and retirees will receive an $18.1 settlement as part of a deal struck…
November 1, 2019
How Student Loan Debt Hampers 401k Saving… And What’s Being Done About It
Americans have now piled up $1.5 trillion in student loan debt, and it’s having a huge impact on…
October 16, 2019
Fisher Under Fire: Fidelity Reviews $500 Million Relationship
Fidelity Investments, the nation’s largest recordkeeper, said Tuesday that it was reviewing its relationship with money manager Ken…
October 15, 2019
Fidelity Joins ‘Zero Fee’ Trading Frenzy
Boston-based brokerage and recordkeeping giant Fidelity Investments announced that it too will offer zero commissions on its 21.8…
October 10, 2019
MIT Settles Fidelity 401K ‘Quid Pro Quo’ Case
The Massachusetts Institute of Technology has reached an agreement in principle to settle a lawsuit in which its…
September 12, 2019
401k Millionaire Club Hits Record High: Fidelity
Welcome to the “401k Millionaires Club,” Fidelity Investments can say to another 16,000 Americans. The number of 401k…
August 21, 2019
How the Woodstock Generation Fared at Saving for Retirement
“If you remember Woodstock, you weren’t there.” August 15 marked the 50th anniversary of the landmark music and arts…
August 15, 2019
Fidelity Ensnared in MIT 401k ‘Quid Pro Quo’ Allegations
Update: Comments from Fidelity and MIT have been added. Tort terror Jerry Schlichter is alleging bad math and…
August 6, 2019
Top 401(k) Plans Ranked by Industry
It’s always interesting to hear about companies that offer particularly strong 401(k) plans, which is why MONEY’s new…
June 13, 2019
Public Pensions Rebound in Q1 2019
Public pensions bounced back fairly nicely early this year from a dismal end of 2018, according to a…
June 3, 2019