401(k)s In The Crosshairs
Ashlea Ebeling of Forbes explores the recent wave of lawsuits against 401(k) plans for breach of fiduciary duty because they include excessive investment fees and expenses paid by the participant employees.
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
Ashlea Ebeling of Forbes explores the recent wave of lawsuits against 401(k) plans for breach of fiduciary duty because they include excessive investment fees and expenses paid by the participant employees.
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