Browsing Tag
Fidelity Investments
198 posts
Fidelity Fees Are Top 401k Litigation Story of 2019
Fidelity always seems to garner attention—whether it’s controversy over supposed quid pro quo or zero-fee fund options. The…
Fidelity Weighs in on Schwab/TD Deal
What about us? It’s the take from Boston-based financial behemoth Fidelity Investments, the nation’s largest recordkeeper, in the wake…
Number of 401k Millionaires Hits Another High
It’s a trend we absolutely want to continue—the number of 401k millionaires has reached another record high. As…
Student Loan Debt: Fidelity Says Who’s Paying the Most May Surprise You
There is an estimated $1.56 trillion in student debt in the U.S. and December signifies the first time…
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…
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…
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…
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…
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…
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…