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Vanguard, SEC
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday.
Vanguard to pay more than $100M over target-date fund violations
The mutual fund titan harmed investors by failing to disclose risks relating to capital gains distributions in its retail target-date retirement funds, according to the SEC.
SEC Fines Vanguard $106M Over Retirement Fund Tax Issues
Investment giant Vanguard failed to properly disclose tax implications to retirement fund investors, triggering unexpected capital gains taxes.
Pensions&Investments
3d
Vanguard to pay $106 million to settle SEC charges over misleading TDF disclosures
Vanguard group will pay $106.4 million to settle charges brought by the Securities and Exchange Commission and state ...
11d
Vanguard Beats Claims of Unauthorized Retirement Check Handling
Vanguard Group Inc. is free from a lawsuit saying it mismanaged a retirement plan by forwarding contributions to an ...
5d
Vanguard report says more people are saving for retirement | What's the Deal?
More people are setting cash aside for retirement and a big reason for the increased saving is auto-enrollment.
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