Voya’s win in 401(k) fee suit involving Financial Engines bodes well for other record keepers
Fidelity, Aon Hewitt and Xerox HR Solutions are currently defending against similar fiduciary-breach claims.
The dismissal of a lawsuit against Voya Financial Inc. for its relationship with 401(k) robo-adviser Financial Engines could be a harbinger of success for other major retirement-plan record keepers locked in similar legal battles.
Judge Lorna G. Schofield dismissed claims of fiduciary breach under
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