Monthly Archives: January 2022

Nokia sued over 401(k) plan

Nokia of America is one of the latest employers hit with a class-action lawsuit over the fees in its 401(k) plan. The complaint alleges that the phone maker filled its investment menu with funds that had higher fees than other options … Continue reading

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Voya sued over own investments in their plan

When you are in the mutual fund business and you offer those funds in your plan, you probably will get sued. So Voya is the next defendant. The case is alleging that Voya is self-dealing. The complaint alleges the Voya … Continue reading

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Pennsylvania to add IRA program

Add another state-run IRA program for private-sector workers, that will increase retirement plan coverage. Pennsylvania’s Keystone Saves program will be phased in over four years; the first two years are set aside for the state to set up the program. … Continue reading

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