An Update on the 401(k) Lawsuits
Here at Innovest, we have long been a proponent of full fee and compensation disclosure. The recent 401(k) lawsuits have put the issue back in the spotlight. While it's been known that an issue in the lawsuits centered around excessive fees and non-disclosure, it has not been easy to access the specific complaints in the lawsuits. The attached article written by Fred Reish shares some of the specific issues and provides guidance on handling them.