Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target ...
The 7 Best Vanguard Funds for Retirement
Vanguard funds are a great choice for retirement investing thanks to their low cost structure and high quality.
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Illinois Secretary of State Joins $106 Million Multi-State Settlement with Vanguard
SPRINGFIELD - Several thousands of Illinois residents are eligible to receive a share of a $106 million multi-state ...
JD Supra3h
SEC Settles with Investment Adviser for Over $100 Million for Misleading Investors About Tax Implications of Retirement Fund Changes
Quick Take: The SEC announced that an investment adviser (Adviser) agreed to pay over $100 million to settle charges that the firm made misleading statements about capital gains distributions and tax ...
Evergy Sued Over Target Date Funds in Worker Retirement Plan (1)
Electric power utility Evergy Inc. was hit with a proposed class action saying its employees’ 401(k) plan is filled with ...
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Vanguard to pay more than $100M over target-date fund violations
The mutual fund titan harmed investors by failing to disclose risks relating to capital gains distributions in its retail ...
Vanguard to Pay $106 Million Over Retirement Fund Violations
Vanguard Group will pay more than $106 million to settle US Securities and Exchange Commission allegations that it made ...
Why retirement portfolio strategies get more complicated over time
On a new episode of Decoding Retirement, David Blanchett, the head of retirement research at PGIM DC Solutions, highlighted ...
Here's How Much You Should Have Invested for Retirement at Age 67
But there is a consensus. Investment and insurance firm Northwestern Mutual says the average American believes they'll need ...
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Connecticut Retirement to accelerate private equity investments under new pacing plan
Under the new pacing plan, CRPTF seeks to increase its allocation to private equity to 15% by the end of 2028 from 11% as of ...
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the ...
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its ...