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Managed Account Providers Leave Plan Sponsors Vulnerable

Friday, Aug 08 2014

News Roundup

Written by PFA News

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A report by the Government Accounting Office says managed account providers can potentially leave plan sponsors liable to fiduciary claims by not disclosing enough about their fees and performance. So reports benefitspro.

The report is based on a study of eight managed account providers and found that practices among the firms varied widely

Read the full article from benefitspro.

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