October 14, 2022
Participants in retirement plans rely on plan fiduciaries to act in their interests, with loyalty and prudence. The complaint for this class action alleges Empower Retirement, LLC, Advised Assets Group, LLC (AAG), and other associated companies breach those duties to those who invest in Empower Managed Accounts, charging higher fees and concealing that the investment option funds are connected to Empower.
Case Event File: Empower Managed Accounts Breach of Fiduciary Duties ComplaintRelated to: Empower Managed Accounts Breach of Fiduciary Duties Class Action