401(k) industry braces for fallout from fee disclosures

06/12/2012 | Reuters

Retirement-plan providers are bracing for the moment, sometime after Nov. 15, when participants will receive account statements detailing their fee payments during the preceding quarter. Officials at Fidelity Investments say they've received fewer calls than expected following the company's early start to fee disclosures, although some say that could change when investors see what they actually paid versus the averages that Fidelity has included so far.

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