Employee Retirement Income Security Act news and trends

Wells Fargo Handling Of Retirement Assets Under Scrutiny

April 26, 2018
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Wells Fargo Handling Of Retirement Assets Under Scrutiny

April 26, 2018
The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees for itself, The Wall Street Journal reported. The bank has pressed employees to move clients into more expensive individual retirement accounts when they retired or left a job providing them a […]