Video: PNC Insights on 401(k) Litigation Trends

Gunnar Larson g at xny.io
Thu May 19 10:46:42 PDT 2022


Check out one of my recent articles:
https://litigationfinancejournal.com/video-pnc-insights-on-401k-litigation-trends/

The PNC Financial Services Group, Inc. (PNC) released a new video with
insights into class action claims that target fiduciary fund managers. PNC
says retirement savings plan fiduciaries risk class action exposure from
litigation investors seeking awards for pension fund mismanagement.

PNC says
<https://www.pnc.com/insights/corporate-institutional/manage-assets/video-dc-plan-perspectives-webinar-401k-litigation-trends.html?WT.mc_id=CP_LINKEDIN_social_pnc_6672601861&s_lob=AMG&linkId=158957380>
fiduciaries
who charge portfolio management fees should diligently file member
disclosures. PNC warns that litigation investors may look to challenge
decisions made by plan administrators. Plan management expense ratios are a
barometer of fund quality and overall fiduciary work product. PNC says that
third party investors may look at litigation, if fund managers profit from
compliance loopholes at the detriment of pensioner returns.

Click here
<https://www.pnc.com/insights/corporate-institutional/manage-assets/video-dc-plan-perspectives-webinar-401k-litigation-trends.html?WT.mc_id=CP_LINKEDIN_social_pnc_6672601861&s_lob=AMG&linkId=158957380>
to
watch PNC’s insights on 401(k) class litigation.
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