Pennsylvania law requires multiple record keepers for 403(b), 457 plans
June 17, 2019 by Greg Iacurci
A new law in Pennsylvania will require school districts sponsoring certain retirement plans to use at least four service providers, which advisers say runs counter to best practices and will perpetuate an environment of higher record-keeping and investment-management fees.
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Originally Posted at InvestmentNews on Jun 10, 2019 by Greg Iacurci.
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