Fidelity says it’s entitled to alleged ‘secret payments’ in 401(k) plans
July 22, 2019 by Greg Iacurci
Fidelity Investments said it is legally entitled to payments it receives in connection with 401(k) investments and that the collection of such fees has become necessary for record keepers given the prevailing economics of the industry.
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Originally Posted at InvestmentNews on July 9, 2019 by Greg Iacurci.
Categories: Industry Articles