Thank you for sharing!

Your article was successfully shared with the contacts you provided.

As regulators focus more on the fees participants pay for their 401(k)s, Charles Schwab is launching a 401(k) plan that offers only index mutual funds, which are often much less expensive than actively managed funds. The new product, Schwab Index Advantage, also provides personalized investment advice and access to an FDIC-insured bank account for investors.

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.