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Robert Steyer

Robert Steyer is a Reporter at Pensions & Investments covering Defined Contribution. He Tweets at: @Steyer_PI

Displaying 83 results

Topic

Pimco rejects claims in discrimination suit filed by executive

Fund company says Stacy Schaus was paid well, but was an 'ineffective' manager.

Topic
  • News
  • April 25, 2018

Vanguard divides record-keeping duties amongst 2 firms

Record-keeping duties of firm's self-directed brokerage and non-qualified plan business to be transferred to TD Ameritrade and Newport Group, respectively.

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Employees say workplace retirement plan will be a major retirement income source

Workers are less confident about the role Social Security will play in their retirement, EBRI survey shows.

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Plan advisers, consultants question value of managed accounts

Respondents to PIMCO survey say target-date funds offer better value.

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401(k) plan participants sue Home Depot over alleged fiduciary breaches

Lawsuit also names Financial Engines and Alight, both providers of financial advice to the plan.

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Judge dismisses parts of Yale 403(b) suit, lets others stand

Court agrees with university that offering many investment options is not a violation of ERISA.

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Gannett 401(k) participant sues over stock holdings in former parent company

Complaint alleges the decline in the stock cost plan participants an estimated $135 million.

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SunTrust Banks, 401(k) participants settle fiduciary-breach lawsuit

The class-action lawsuit is a consolidation of several complaints against the 401(k) plan fiduciaries.

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More 401(k) plans move away from revenue-sharing model

Plan sponsors are deciding that a per-head fee is fairer than revenue-sharing practices in which fees are based on assets

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Georgetown sued for allegedly violating fiduciary duties in its 403(b) plans

Plan participants claim 'inefficient and costly' system.