|
News Stories Archives - Since 1998
|
Participant Trading Falls Seven-Fold to a New Low
What little 401(k) trading there was went mostly out of large cap equity funds and TDFs. Yet, those two categories still dominated contributions...
401kWire.com -
Friday, January 21, 2022
|
Rethinking Plan Data
A provider actuary shares some different ways for plan sponsors and their KPAs to think about data...
401kWire.com -
Thursday, January 21, 2021
|
Small Firms' Outflows Rose 23-Fold In 2020
The M* team updates U.S. flows data for December 2020 for ETFs and long-term, open-end mutual funds...
MutualFundWire.com -
Thursday, January 21, 2021
|
Post-Merger, a Consulting Firm Co-Founder Retires
She served as COO of the firm after more than two decades with a wirehouse...
401kWire.com -
Thursday, January 21, 2021
|
After the MassMutual Deal, a 14-Year Empower Vet Rises
The company veteran is taking on a newly created leadership role at the giant recordkeeper...
401kWire.com -
Thursday, January 21, 2021
|
Ford Adds an MF Vet to ICMA-RC's C-Suite
The new hire previously held leadership roles with several asset managers...
401kWire.com -
Thursday, January 21, 2021
|
Midsize Monthly Inflows Double
The M* team updates U.S. flows data for ETFs and long-term, open-end mutual funds...
MutualFundWire.com -
Thursday, January 21, 2021
|
An Ops and Strategy Leader Joins Vestwell
The exec most recently worked with a nearby, healthcare-focused startup...
401kWire.com -
Thursday, January 21, 2021
|
Kraus and Co Led Last Year
The M* team updates flows data for December 2019 for ETFs and long-term, open-end mutual funds...
MutualFundWire.com -
Tuesday, January 21, 2020
|
Empower, Lincoln, Principal, and Pru Win Big With a KPA RIA
Advisors with this national firm recognize RMs for their customer service efforts...
401kWire.com -
Tuesday, January 21, 2020
-
Reader Rating: 4
|
Holgate Brings a Texas Stable Value Sales Exec to Lincoln
The new hire fills a newly created role at the insurer...
401kWire.com -
Tuesday, January 21, 2020
|
Barstein Launches a TRAU Affiliate
This time, he's teaming up with a MassMutual alum, while separately adding a former RKer sales chief...
401kWire.com -
Tuesday, January 21, 2020
-
Reader Rating: 5
|
Week In Preview, 1/21-26
This week the team at informa will host an event and several familiar firms will release earnings...
MutualFundWire.com -
Tuesday, January 21, 2020
|
Week In Preview, 1/21-26
This week the team at FRA is wrapping up an event...
401kWire.com -
Tuesday, January 21, 2020
|
The Fiduciary Reg Is Almost Here. Go Home and Breath
Word in the industry and in Washington is that the DoL's latest revision of its controversial fiduciary redefinition regulation will be submitted to the OMB by the beginning of February, and that means the public should see it this spring. ERISA attorneys and KPA allies have some words of encouragement, as well a few of concern...
401kWire.com -
Thursday, January 21, 2016
-
Reader Rating: 5
|
FA Practice Management Is Not Fundsters' Value-Add Panacea
New research highlights the gaps in how advisors and mutual fund execs think about different value-add program topics...
MutualFundWire.com -
Thursday, January 21, 2016
|
SHA Retirement Hires
From plan wins to a new hire, this KPA shop inches closer to $2 Billion. ..
401kWire.com -
Thursday, January 21, 2016
|
This Georgia City Issues a $33MM RFP
A city north of Atlanta seeks 401(a) plan proposals...
401kWire.com -
Thursday, January 21, 2016
|
ICI Blasts the DoL for Making Retirement Playing Field Unleveled
The trade group blasts the Department of Labor's state-run plans proposal...
401kWire.com -
Thursday, January 21, 2016
|
This $174MM American Beacon Fund Will Shut Down Soon
The manager-of-managers plans to liquidate a 16-year-old mutual fund this spring...
MutualFundWire.com -
Thursday, January 21, 2016
|
Will This European Regulatory Fight Hit U.S. Fund Firms?
Bank regulators are reportedly trying to limit how and when mutual fund shops pay bonuses...
MutualFundWire.com -
Thursday, January 21, 2016
|
Broadridge Expands Matrix; Buys Wilmington's RIS Business
The deal brings scale to Matrix...
401kWire.com -
Wednesday, January 21, 2015
-
Reader Rating: 4.75
|
TIAA-CREF Rustles a $180MM Plan from Nationwide, ICMA-RC
A southwestern city has named new recordkeeper for its $180 million 457 plan. ..
401kWire.com -
Wednesday, January 21, 2015
|
Champ Decamps
The chief of the regulator's investment management chief is leaving this month...
MutualFundWire.com -
Wednesday, January 21, 2015
|
A Georgia Shop Welcomes a KPA
Michael Kane, managing director and founder of Plan Sponsor Consultants just welcomed a new hire...
401kWire.com -
Wednesday, January 21, 2015
|
Hatch Puts His SAFE Plan, and Tax Reform, Back on the Table
The Senate Finance Committee Chair unveils his 2015-16 agenda in a speech to the U.S. Chamber of Commerce...
401kWire.com -
Wednesday, January 21, 2015
-
Reader Rating: 5
|
Dodge and Cox, JPMAM, Legg Mason, Robeco, and Vanguard Win Big
M* names its fund managers of the year for 2014...
MutualFundWire.com -
Wednesday, January 21, 2015
|
American Don't Want 401k Contributions Cut
...according to a new survey conducted by the Washington, D.C.-based mutual fund industry trade group...
401kWire.com -
Wednesday, January 21, 2015
|
Google, Space, a Dark Pool: What's Fidelity Up to?
This week the Boston Behemoth invested in two big ventures with an interesting set of allies...
MutualFundWire.com -
Wednesday, January 21, 2015
|
El-Erian Lays Down His Crown
Pimco CEO steps down. Company veteran Douglas Hodge is named successor as bond giant also names new president, new deputy CIOs and head of strategic development...
MutualFundWire.com -
Tuesday, January 21, 2014
-
Reader Rating: 2
|
BPV Readies to Spring Forward
The Knoxville fund firm has hired a subadvisor; will launch three funds; and hire six to nine distribution folk. It has entered agreements with three more fund supermarkets and is hungry for yet more managers...
MutualFundWire.com -
Tuesday, January 21, 2014
|
An Ex-MetLife Big-Wig Starts His Own Venture
After only a few months with another firm, this key player has checked out. ..
401kWire.com -
Tuesday, January 21, 2014
|
A $3B Health System Consolidates With Transamerica
A New York-based healthcare system chooses Transamerica as its sole RKer. ..
401kWire.com -
Tuesday, January 21, 2014
-
Reader Rating: 5
|
Recordkeepers, Only 26 Percent of Plan Participants Trust You
...Can a trade group's new measuring system help boost that number? ..
401kWire.com -
Tuesday, January 21, 2014
|
Schroder Expands Anova's Consulting Team After Steady Growth
The market research company adds two to its executive interviewer team. ..
401kWire.com -
Tuesday, January 21, 2014
|
Guardian Adds a Stable Value Fund
The fund is available through both the insurer's Guardian Choice and Guardian Advantage lineups...
401kWire.com -
Tuesday, January 21, 2014
-
Reader Rating: 3.67
|
Putnam Shows 401k Participants How to Keep Up With the Joneses
Reynolds and Murphy add another arrow to their next-gen 401k platform...
401kWire.com -
Tuesday, January 21, 2014
-
Reader Rating: 1.8
|
How Do You Get $20B in Flows, And Still Get a C?
Talk about a tough grading curve. JP Morgan Funds, which pulled in nearly $20 billion in flows in 2013 (placing it third in the industry only behind Vanguard and Dimensional), got only a C from Morningstar for its Stewardship grade...
MutualFundWire.com -
Tuesday, January 21, 2014
|
Delaware Sees Changes in its Sales Force
The firm has installed new divisionals and tapped replacements for three wholesalers...
MutualFundWire.com -
Friday, January 21, 2011
|
Franklin Rolls Out a Go-Anywhere Equity Fund
The fund company has a new offering for the New Year...
MutualFundWire.com -
Friday, January 21, 2011
|
Power Outage Cripples a West Coast Firm
Clients were unable to reach the company via phone or online for two hours...
401kWire.com -
Friday, January 21, 2011
-
Reader Rating: 5
|
Barstein Hires a Biz Dev Chief
TRAU adds a veteran DC sales exec...
401kWire.com -
Friday, January 21, 2011
-
Reader Rating: 4.5
|
Tyrie Reorgs a BofA Merrill Unit
Five months after joining BofA Merrill, David Tyrie is reorganizing the personal retirement solutions unit...
401kWire.com -
Friday, January 21, 2011
-
Reader Rating: 4.9
|
Report IDs the Leading Bidder for Pioneer
But UniCredit CEO says there are no favored candidates...
MutualFundWire.com -
Friday, January 21, 2011
|
DoubleLine Scores a Win Against TCW
A California judge says TCW cannot ask the court to temporarily close the DoubleLine Funds Trust...
MutualFundWire.com -
Friday, January 21, 2011
|
Morningstar Lands on 'Best Companies to Work For' List
The mutual fund research firm makes its debut on Fortune's list...
MutualFundWire.com -
Friday, January 21, 2011
|
Fido Clinches a Renewal with a Big 401k Client
Fidelity lengthens and deepens its relationship with a mega-plan sponsor...
MutualFundWire.com -
Friday, January 21, 2011
|
An Ex-Lincoln Sales Exec Lands at Standard
The Lincoln vet has taken a sales management post at Standard...
401kWire.com -
Thursday, January 21, 2010
|
ALPS Realigns Its Sales Force
The Denver-based fund firm reorganized its sales force along distribution channel-based lines in an effort to tackle the ever-growing RIA marketplace...
MutualFundWire.com -
Thursday, January 21, 2010
|
Transamerica Hunts for Wholesalers
The Los Angeles-based plan provider has openings on both Coasts...
401kWire.com -
Thursday, January 21, 2010
-
Reader Rating: 1.19
|
Sieg's Attention Turns Toward Education
Bank of America Merrill Lynch's Andy Seig revealed some of his plans for 2010...
401kWire.com -
Thursday, January 21, 2010
-
Reader Rating: 2
|
ProShares Levers Up On Treasuries
The Bethesda, Maryland-based ProFunds Group – already the largest provider of leveraged and inverse funds and ETFs -- added two leveraged ETFs to its lineup on Thursday, designed to provide magnified exposure to the U.S. Treasury market and round out its fixed-income offerings...
MutualFundWire.com -
Thursday, January 21, 2010
|
Nuveen Joins the Emerging Markets Party
Nuveen Investments launched two new funds with the help of Tradewinds..
MutualFundWire.com -
Thursday, January 21, 2010
|
Vanguard Trumps Fidelity in a Brand Race
The Boston behemoth has taken a hit in terms of investor loyalty and brand perception, giving Vanguard and Schwab room to run..
MutualFundWire.com -
Thursday, January 21, 2010
-
Reader Rating: 4
|
A Small-Plan Provider Alters its Pricing
The West Coast firm kicks off the year with a new pricing program...
401kWire.com -
Thursday, January 21, 2010
-
Reader Rating: 4
|
Great-West Grabs a Transamerica Marketer
A 401k communications and marketing consultant is Great-West's latest hire...
401kWire.com -
Thursday, January 21, 2010
|
Lawson Says Fidelity 'May be Multiple Companies' at Some Point
Outgoing Fidelity president Rodger Lawson's exit interviews with the media
on Wednesday have sparked a fresh round of speculation on Fidelity's future...
MutualFundWire.com -
Thursday, January 21, 2010
|
Legg Mason Returns to the Black, But Misses Forecast
The Baltimore-based asset manager earned a net income of $44.9 million for the third quarter ended December 31, but fell short of analysts' earnings expectations...
MutualFundWire.com -
Thursday, January 21, 2010
-
Reader Rating: 4
|
Fido Plans to Expand in North Carolina
Fidelity is moving into Raleigh again, for its second large data center in the area...
MutualFundWire.com -
Thursday, January 21, 2010
|
Neuberger Gives its Genesis Fund a New Beginning
A multi-billion-dollar fund reopens...
MutualFundWire.com -
Wednesday, January 21, 2009
|
Russell Names a New CEO
The Tacoma, Washington-based firm has found a permanent replacement for Craig Ueland...
MutualFundWire.com -
Wednesday, January 21, 2009
|
ING's Top Sales Exec is Moving On
The executive in charge of sales and distribution at the second largest plan provider is leaving the company...
401kWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 4
|
Matrix Doubles Down on Money Markets
The Bluff Point company expands its money fund-focused offering...
MutualFundWire.com -
Wednesday, January 21, 2009
|
Newkirk Subsidiary Lands a TPA Client
A New Jersey firm partners with the DC communications specialists...
401kWire.com -
Wednesday, January 21, 2009
|
Hennion & Walsh Adds Two Wholesalers
The New Jersey-based asset manager hires two external wholesalers to focus on pitching its line of funds-of-ETFs...
MutualFundWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 5
|
Brad Campbell: Where is He Now?
Where is the departing EBSA chief headed?..
401kWire.com -
Wednesday, January 21, 2009
|
Solis Fails to Make the First Cut
Will the nominee for DoL chief make it through the Senate unscathed?..
401kWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 3
|
MassMutual Searches to Fill a Sales Role in the Northeast
The plan provider is searching for a replacement for Tom Cremona, who now assumes some of the duties held by MassMutual's former chief operating officer...
401kWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 2
|
Obama Channels Miller, At Least For a Moment
With all eyes on him, the new President provided a hint of what might come for the DC industry...
401kWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 3
|
Fidelity Says it Brought in a Record Number of
DC Assets in '08
Executives at the Boston Behemoth say DC assets added last year were the highest ever since the company began selling 401(k)s 27 years ago...
401kWire.com -
Wednesday, January 21, 2009
-
Reader Rating: 5
|
BlackRock's Q4 Net Falls 84 Percent
The New York investment manager's Q4 results came in below analysts' expectations...
MutualFundWire.com -
Wednesday, January 21, 2009
|
Fidelity Inks Lease for Miami Space
The Boston Behemoth will have new digs on Miami's Brickell Avenue...
MutualFundWire.com -
Wednesday, January 21, 2009
|
Back to the Future For Short-Term Bond Funds
The WSJ sees one type of mutual fund regain some of its allure for investors...
MutualFundWire.com -
Wednesday, January 21, 2009
|
RiverSource Cuts Staff
The Ameriprise subsidiary is trimming its staff as part of cost-reduction efforts being implemented by its parent.
..
MutualFundWire.com -
Wednesday, January 21, 2009
|
NYTimes Serves Fund Alphabet Soup
New York Times reporter Gretchen Morgenson takes a break from muckraking to untangle mutual fund share classes for her readers...
MutualFundWire.com -
Monday, January 21, 2008
-
Reader Rating: 5
|
SEC Smells Timers' Blood
The SEC's sharks are circling, again. Stephen Cutler, director of enforcement, has warned that the agency is going after the individuals who took part in late trading and market timing of mutual funds, reports the Wall Street Journal. Regulators are looking "to get to the traders," Cutler told an audience at Northwestern University Law School.....
MutualFundWire.com -
Friday, January 21, 2005
|
Amvescap Retirement Taps Sales Chief
The Atlanta-based DC plan administrator has a new head for its direct sales efforts...
401kWire.com -
Friday, January 21, 2005
-
Reader Rating: 3
|
DAC Flush with Dixie Cash
The recordkeeper gets $2.5 million in financing in state funds. Could there be more coming?..
401kWire.com -
Friday, January 21, 2005
-
Reader Rating: 5
|
New Prez at PFPC
PFPC has promoted Stephen M. Wynne to president from chief operating officer. Wynne reports directly to Timothy G. Shack, chairman and chief executive officer of PFPC...
MutualFundWire.com -
Friday, January 21, 2005
|
Gartmore Launches Small Cap Leaders Fund
Gartmore is adding to is Leaders family with a new fund that combines the best stock picks of its growth and value equity research teams. The Gartmore Small Cap Leaders Fund will invest in a limited number of stocks in two "sleeves." Each sleeve is the responsibility of one of the two portfolio management teams that will select 20 to 30 small- to mid-cap stocks for the fund.
..
MutualFundWire.com -
Friday, January 21, 2005
|
Putnam May Pay $40 MM in Shelf Space Settlement
Putnam Investments is close to settling with regulators over allegations that it did not properly disclose revenue sharing, reports Ignites. The firm will likely settle for $40 million by mid-February, according to an unnamed source...
MutualFundWire.com -
Friday, January 21, 2005
-
Reader Rating: 3
|
Harris Opens Door All the Way
Harris Associates is fully opening the doors to its Oakmark Select Fund next Friday. Bill Nygren, portfolio manager of the fund invests in a limited number of stocks in the fund and had closed it to new investors in May of 2001. Last November 10 the fund was reopened to investors who purchased directly from Harris. Starting on January 28 the fund will once again be open to investors purchasing through supermarkets and other distributors...
MutualFundWire.com -
Friday, January 21, 2005
|
Two More Traders at Fido Leave
There's more news, but not much more, at Fidelity: two traders have left the firm. Marc Beran and Steve Falzone left late last week, reports the Boston Globe. The firm is keeping mum on why the traders left and the status of regulators' investigation into the firm trading practices...
MutualFundWire.com -
Friday, January 21, 2005
|
Timers Hit Pax Fund
The socially-responsible Pax World fund family recently admitted that one of its fund was hit by market timing, reports the Chicago Tribune. The timing of its High Yield fund took place during 2003...
MutualFundWire.com -
Friday, January 21, 2005
|
Fund Firm Woos Advisors, Doubles Sales
What does it take to win the hearts and minds of advisors? A bank fund complex is finding out...
401kWire.com -
Wednesday, January 21, 2004
-
Reader Rating: 3.75
|
Survey: Popularity of 401ks Continues
EBRI survey notes that 401ks outpaced pension plans over the past several years...
401kWire.com -
Wednesday, January 21, 2004
-
Reader Rating: 3.5
|
Mega Plan Considers Fund Lineup Changes.
Two new funds could be added next year to the multi-billion dollar plan...
401kWire.com -
Wednesday, January 21, 2004
-
Reader Rating: 2.5
|
New Product To Tighten The Settlement Process
The DTCC announces that its newest system has gone live as well as 2004 enhancements...
MutualFundWire.com -
Wednesday, January 21, 2004
|
Fund Firm Announces New SVP
Rocky Mountain fund firms hires INVESCO exec...
MutualFundWire.com -
Wednesday, January 21, 2004
|
Fund Firm Adds New Disclosure Tool To Web site
New iniative includes daily details of fund flows...
MutualFundWire.com -
Wednesday, January 21, 2004
-
Reader Rating: 5
|
BISYS Launches New Service
The firm brings a sales tool to its clients...
MutualFundWire.com -
Wednesday, January 21, 2004
|
Manager To Launch Several New Funds
Following a merger, Mid West-based firm to open new funds...
MutualFundWire.com -
Wednesday, January 21, 2004
|
Invesco Funds Names CEO
The Amvescap unit reaches into its sales expertise to fill the CEO slot vacated by the promotion of Mark Williamson...
MutualFundWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 3.29
|
Bank Retirement Coalition Woos Consultants
Banks are trying to get the good word about their products to the consultant community...
401kWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 2.67
|
The State of Statements
Dalbar says the retirement industry is offering good-quality statements, but some changes are in the air...
401kWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 3.25
|
Flows At Lowest Level Since 1990
Net flows dropped to just $800 per account, says Lipper. Is there a marketing solution to the light flows?..
MutualFundWire.com -
Tuesday, January 21, 2003
|
AERS Promotes Investment Education Webcast
A counsel at Amex Financial Advisors takes part in a new advice and investment education Webcast...
401kWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 3
|
CRA Unit Taps CEO
The consulting unit to industry decision makers has brought in a new chief to replace Schreiber...
MutualFundWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 3
|
Oppenheimer Courts Institutions with Hedge Funds
The firm has launched a pair of Forty Act registered funds that invest in hedge funds and target the pension, foundation and endowment market...
MutualFundWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 4
|
Patriot Act Guide Published
Sum2 is offering a compliance guide for investment companies following USA Patriot Act rules...
MutualFundWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 4
|
Trust Firm Hires Schwab Marketing Exec
The Phoenix-based trust-custody provider responds to a good year by creating a new biz development position; eyes further growth and expansion...
401kWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 4.5
|
Wash. Post Supports SEC Over Industry
The fund industry is losing the debate for the hearts and minds in the debate over proxy vote disclosures...
MutualFundWire.com -
Tuesday, January 21, 2003
-
Reader Rating: 5
|
Week of January 21, 2000 RFP Roundup
The 401kWire.com takes it regular look at the week in searches...
401kWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
Small Bytes: Fido Asks Jeeves
This feature appears every Friday on the The MutualFundWire.com to provide quick
newsbites about the week's happenings in the mutual fund business and
related financial service companies...
MutualFundWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
Small Bytes: Wiesenberger Intros New IRA Calculator
This feature appears every Friday on the 401kWire.com to provide quick
newsbites of what is happening in the defined contribution business and
related industries...
401kWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
The Future of DC
What's the industry talking about? At the P&I Conference, in New York, industry leaders looked into their crystal ball and read into the future of the DC world...
401kWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
Why XML Matters
Our vaunted IT columnist-at-large sends a primer on one of the most promising areas of technology to arise in some time, and yes, his family again makes an appearance .....
MutualFundWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
Odd Lots, January 21, 2000
New opportunities in new economy ... Fido's fund ... Odd Lotters are the ones to watch...
MutualFundWire.com -
Friday, January 21, 2000
-
Reader Rating: 3
|
Exec of a PEO Resigns
George J. Eklund, former ceo and member of the board of directors at Digital Solutions, Inc. (Nasdaq: DGSI), has resigned his post...
401kWire.com -
Thursday, January 21, 1999
-
Reader Rating: 3
|
Fidelity Reaches More People Online
Fidelity Investments reports that approximately 3 million investors use its online services to get account information. 2 million of those hold Personal Investing accounts, while the remaining million have a defined contribution account...
401kWire.com -
Thursday, January 21, 1999
-
Reader Rating: 3
|
Intellicell Makes a Decision
Chatsworth, California-based Intellicell Corporation (Nasdaq: FONE), manufacturer of wireless communications products, has decided to maintain its relationship with Administaff (NYSE: ASF) for a host of services including 401(k) administration, David Kane, cfo, told the 401kWire.com...
401kWire.com -
Thursday, January 21, 1999
-
Reader Rating: 3
|
Certus Names McCormish CEO
Robert A. McCormish as president and chief executive officer. He will succeed David M. Perry. McCormish had previously served as executive vice president responsible for client relationships, operations, and technology. Certus also announced that Francis D. Antin will become chairman of the board of directors...
401kWire.com -
Wednesday, January 21, 1998
-
Reader Rating: 3
|
Hartford Offers GIC Fund Pool
In the past, plan sponsors who have wanted to diversify their stable value funds had the option of buying into a diversified stable value pooled fund. Now, thanks to Hartford Life Insurance Company, they can go one step further and buy into a pool of pools. ..
401kWire.com -
Wednesday, January 21, 1998
-
Reader Rating: 3
|
Deadline in PA Approaching
RFP’s for a third-party administrator for the State of Pennsylvania’s approximately $600 million deferred compensation plan are due January 26, 1998, according to Geoffrey Yuda, information officer. The administrator will serve as recordkeeper as well as provide marketing services for the 457 plan...
401kWire.com -
Wednesday, January 21, 1998
-
Reader Rating: 3
|
For Wednesday, January 21, 1998
First Financial Federal Credit Union (Lutherville, MD) is suing Shapiro Pension Consultants Inc. (Owings Mills, MD), the administrator of its pension assets. The lawsuit, filed in the Maryland District Court for Baltimore, contends that Shapiro made risky mortgage loans, bad investments, and kept poor records causing First Financial to file inaccurate reports with Federal authorities...
401kWire.com -
Wednesday, January 21, 1998
-
Reader Rating: 3
|
Get MFWire Alerts
]
Raw XML
