Fidelity sales tactics called out in settlement of retirement plan lawsuit

InvestmentNews
April 23, 2019

The marketing and sales tactics Fidelity Investments uses with retirement savers were called out in a lawsuit involving alleged retirement-plan mismanagement by Vanderbilt University, bringing into focus the ongoing and seemingly increasing tension felt between plan sponsors, participants and their service providers, many of which are seeking out additional revenue in the face of fee compression.

Read more