Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target ...
The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.
“Vanguard is committed to supporting the more ... “In the following months, a substantial number of retirement plan investors redeemed their Investor TRFs and switched to the Institutional ...
That move led to widespread redemptions among retirement plan investors, who switched from Vanguard's investor target retirement funds to the institutional products, which came with lower expenses.
Vanguard group will pay $106.4 million to settle charges brought by the Securities and Exchange Commission and state ...
Research suggests that employer 401(k) matching contributions disproportionately favor high-income earners, leaving ...
Vanguard Group Inc. is free from a lawsuit saying it mismanaged a retirement plan by forwarding contributions to an ...
The average retirement plan participants between the ages of 45 and 54 had an average balance of $168,646 in 2023, according to Vanguard.
More people are setting cash aside for retirement and a big reason for the increased saving is auto-enrollment.