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Russell Investments Draws Self-Dealing Scrutiny


Russell Investments Draws Self-Dealing Scrutiny
Plaintiffs in a new ERISA lawsuit say Caesars Entertainment allowed Russell Investments to pack its plan with proprietary investment options, to the disadvantage of plan participant outcomes.
A new Employee Retirement Income Security Act (ERISA) lawsuit filed in the U.S. District Court for the District of Nevada names both the plan sponsor, Caesars Entertainment, and the investment manager, Russell Investment Management, as defendants.
The case includes various allegations of self-dealing and fiduciary imprudence and disloyalty related to the purchase and provision of discretionary investment management services provided by Russell to the Caesars Entertainment Corp. Savings & Retirement Plan since 2017. ....

United States , Us District Court , Caesars Entertainment , Caesars Entertainment Corp , Employee Retirement Income Security Act , Russell Investment Management , Retirement Plan , Russell Investments , State Street , ஒன்றுபட்டது மாநிலங்களில் , எங்களுக்கு மாவட்டம் நீதிமன்றம் , சீசர்கள் பொழுதுபோக்கு , சீசர்கள் பொழுதுபோக்கு கார்ப் , ஊழியர் ஓய்வு வருமானம் பாதுகாப்பு நாடகம் , ரஸ்ஸல் முதலீடு மேலாண்மை , ஓய்வு திட்டம் , ரஸ்ஸல் முதலீடுகள் , நிலை தெரு ,

BT locks in managed accounts deal with national firm


BT locks in managed accounts deal with national firm
BT locks in managed accounts deal with national firm
A national advice firm has inked a deal with BT to develop a range of managed account portfolios for the group’s 4,000 clients.
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In a statement, Invest Blue said its new portfolio range would be developed in conjunction with Ironbark and Russell Investment Management and administered on BT’s Panorama platform.
The AMP-aligned advice group, which has clients in Queensland, NSW and Victoria, said the new solutions would provide “excellent options and experience at a more competitive cost” for the group’s clients. ....

Chris Mather , Invest Blue , Russell Investment Management , Russell Investments , கிறிஸ் ம்யாதர் , முதலீடு நீலம் , ரஸ்ஸல் முதலீடு மேலாண்மை , ரஸ்ஸல் முதலீடுகள் ,