After my first post about this new service, some commentators and readers expressed concern that this arrangement could constitute
inappropriate fee sharing.
Some commentators and readers expressed concern that this arrangement could constitute
inappropriate fee sharing.
Not exact matches
Plaintiffs argue it was
inappropriate to allow three recordkeepers to supply the plans with a separate menu of investment choices, including mutual fund
share classes that charged higher
fees than other alternatives that offered the same investment strategies or less expensive
share classes of the exact same investment fund — or both.
Plaintiffs argue it was
inappropriate to allow each of these recordkeepers to supply the plans with a separate menu of investment choices including mutual fund
share classes that charged higher
fees than other alternatives that offered the same investment strategies or less expensive
share classes of the exact same investment fund — or both.