Vanguard and a group of investors suing the company are nearing a settlement in their legal dispute over target-date funds, ...
Target-date fund holders who invested through taxable accounts absorbed a giant capital gains distribution because of the ...
The lawsuit said the investment management giant’s decision to open some of its target date retirement funds to smaller ...
The settlement represents the consolidation of five separate lawsuits — the first was filed in March 2022 — under the heading ...
Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it ...
It caused an "elephant stampede" sale of these funds when it opened institutional products to more retirement plans.
Your retirement plan may offer a collective investment trust (CIT), which could help reduce fees and expenses in your 401(k).
The lawsuit was brought by a group of investors who say changes Vanguard made to target-date funds resulted in them getting stuck with massive tax bills.
Commissions do not affect our editors' opinions or evaluations. Target date funds are designed to simplify retirement investing. When you purchase a target date fund, you get a diversified ...