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 firm's flub, the plaintiffs say.
The settlement represents the consolidation of five separate lawsuits — the first was filed in March 2022 — under the heading ...
The biggest US private equity firms anticipate that President-elect Donald Trump’s victory could aid their ambitions to ...
It caused an "elephant stampede" sale of these funds when it opened institutional products to more retirement plans.
Vanguard agreed to pay $40 million to settle a potential class-action case over steep capital-gains taxes that hit thousands of investors in the firm's target-date funds. In the Nov. 6 preliminary ...
Your retirement plan may offer a collective investment trust (CIT), which could help reduce fees and expenses in your 401(k).
(Reuters) - Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit ...
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 ...
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.