Proprietary Funds in 401(k) and Retirement Plans: A View From …
09-08-2017 · affiliated mutual funds and commingled trusts. •“Ameriprise used the retirement assets of [its] employees to seed new and untested mutual funds, which made those funds more marketable to outside investors, thus increasing profits for . . . Ameriprise.” •Also, recordkeeping and trustee fees paid to affiliated service provider, ................
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