Regulation
Permission to Tap 401(k)s Worries SEC Chief
New penalty-free retirement plan withdrawals, meant as recession relief, may result in too-risky investing, Jay Clayton says.
Tag: Fidelity
Manager Selection
Top Money Managers Among Those Fired from CalPERS
Large money managers including J.P. Morgan, Fidelity, and Allianz have lost their relationships with the biggest US pension plan as part of a massive restructuring of CalPERS’s equity program.
British Pension Pool Picks Managers for New Corporate Bond Fund
Selections chosen for their UK presence and global reach.
Defined Contribution Plan Balances Tumble 10% in Q4
Market volatility drops average 401(K) holdings from previous quarter’s record high.
Newsmakers
Fidelity International Small-Cap Strategy Terminated by SFERS
The investment made up 6.5% of the system’s approximate $3.5 billion small cap strategy.