Share
Share today's newsletter with a colleague
and get credit if they sign up for SmartBrief.
Referral Count:
1
Story being shared
Study: 401(k) providers are slow to drop their own lagging funds
Poor-performing funds are more likely to remain in a 401(k) plan if they are managed by the company operating the plan, a research report says. Plan trustees have competing interests -- investors' returns and their own proprietary funds, according to the researchers from the University of Indiana and the University of Texas.
Or we can send an email on your behalf