SEC Move Could Lessen Proxy Advisers’ Influence
The commission rescinds guidance that led investment managers to outsource their proxy-voting decisions to proxy advisers.
Index Funds Exert Growing Power Over Companies
With massive amounts of investment rolling in, index funds are increasingly driving corporate decision-making.
CFO’s Tech Companies to Watch: Symbiont
Symbiont is successfully applying blockchain to specific, concrete problems in the world of corporate finance.
CFOs on the Move: Week Ending May 27
Vanguard, Best Buy, Xpel Technologies, Insperity, Hormel foods, ConAgra Foods, ITC Holdings, iStar, Washington Federal, Neighborhood Health Plan
Vanguard Reaches Tax Settlement With Texas
A whistleblower has alleged the mutual-fund giant charged its funds below-market prices for advisory services to reduce its tax liability.
Employers Plan to Bump Up 401(k) Contributions
"There is growing recognition that there must be more of a shared responsibility around retirement outcomes," says Vanguard.
Shareholders Demand Pow-Wows with Boards
For years boards of directors avoided contact with investors but that could change if one shareholder group gets its way.
Fixing a Small-Biz 401(k) Plan
It’s not easy for a small company to eliminate hidden fees that rob employees of their retirement savings. But be persistent, and you will win your workers’ loyalty.
Pension Plans Even Worse Off Than Sponsors Thought
This year’s downgrading of bonds issued by big banks will drive up plan liabilities and may catch sponsors off guard.
Schwab Throws Wrinkle into 401(k) Market
The financial-services firm says its new retirement plan composed of all index funds will have lower costs and encourage participants to save more than usual. Too good to be true?
Lifting the Lid on 401(k) Fees
The coming mandatory disclosure of plan fees could give participants a nasty shock.