Month: May 2019

Eaton Vance to pay $3.45 million to settle ERISA fiduciary breach claim

Posted May 10th, 2019 by .

Categories: News.

As it appeared in Pension & Investments BY ROBERT STEYER Eaton Vance (EV) Corp. has agreed to pay $3.45 million settle a claim that managers of its 401(k) plan violated their fiduciary duties under ERISA by offering mostly proprietary products and failing to provide less expensive, similar options. The preliminary settlement, announced Monday, requires court […]

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