Yhn WorldLaw & Courts first seen 2 d ago, last 7 min ago, peak #1
Supreme Court takes up 401(k) private funds case
Original: Supreme Court: 401(k) case over private funds and underperformance
The US Supreme Court is hearing a case concerning 401(k) retirement plans that invested in private funds which underperformed. The dispute, involving Intel, raises questions about whether plan fiduciaries breached their duty by including alternative assets in retirement offerings. The ruling could shape how employers design 401(k) lineups and their exposure to lawsuits over fund performance.
Why now: A Supreme Court ruling on 401(k) private fund investments could reshape retirement plan fiduciary duties nationwide.
US Supreme CourtIntel401(k) plans
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- Supreme Court: 401(k) case over private funds and underperformance · cramer4next · 16
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