Ken Fisher’s 401(k) Unit Says DOL Fiduciary Plan Limits Investment Advice
Small plans could be hurt; DOL must also “make clear” some marketing activities are not fiduciary activity, Fisher unit said in comment letter.
401(k) Expenses Dropped in 2012: ICI
The expenses that 401(k) plan participants incurred for investing in long-term mutual funds fell in 2012, consistent with the downward trend of the past decade and a half, according to a just-released report by ICI.
Cost of mutual funds lowest in 25 years
The Investment Company Institute reports that the cost of owning mutual fund shares fell again last year, to the lowest levels in more than 25...