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401(k) suit claims higher revenue-sharing funds should have been used
Had Juniper Networks' plan used higher-revenue-sharing share classes, net costs conceivably could have been lower, if those fees were rebated back to participants, according to the complaint.
Kestra’s $10.3M settlement is proof fund-fee disclosure remains a priority at the SEC
The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.
Surprise! Mutual fund revenue sharing makes 401(k)s more expensive
Revenue sharing fees ultimately make retirement plans more expensive, and funds that include them are disproportionately favored on plan menus, a recent academic paper found.
SEC share-class crackdown could spell the end for 12b-1 fees
The latest case has some experts wondering if any level of disclosure will suffice
SEC orders firm to pay for share-class disclosure failures
Fresno, California-based SCF Investment Advisors took 12b-1 fees from mutual funds and revenue sharing from money market funds
