Total investment costs for 401(k) plans declined by an average of 0.03% in 2021, according to the latest 401k Averages Book, which publishes data on plans. Fees at large retirement plans, those with 1,000 or more participants and $50 million ...

Vanguard Group Inc. has cut the expense ratios of 17 of its funds, a move that will produce an estimated $18.9 million in savings for investors, the fund giant said. The estimates were based on year-over-year comparisons for the company’s ...

In the latest example of the old-school mutual fund industry reluctantly acknowledging the growing allure of exchange-traded funds, Capital Group Inc. on Friday morning updated the filings for its move into the ETF space with fees that undercut its own ...

The race is on to cut costs on U.S. Bitcoin futures exchange-traded funds, just a day after the first ETF launched.  VanEck’s pending Bitcoin Strategy ETF (XBTF) will carry a management fee of 0.65%, meaning $6.50 for every $1,000 invested. ...

The Securities and Exchange Commission has charged TCFG Investment Advisors, TCFG’s affiliated broker-dealer TCFG Wealth Management and Richard James Roberts, the companies’ CEO, president and managing member, with making materially false and misleading statements and omissions related to fee markups ...

The average expense ratio paid by fund investors, which has been falling for more than two decades, was 0.41% in 2020 — less than half what investors paid in fund fees, on average, in 2000. That 2020 average was also ...

While 87% of investors say they are aware of what expense ratios are and 83% say they know what a basis point is, less than one-third say they understand each “completely,” according to a survey conducted by State Street Global ...