The Evolving Use of CIT Funds in 401(k) Plans

Originally posted in 401(k) Wire (subscription required) Aug. 22, 2022. By Greg Wait, CEBS. Advisors and consultants are fielding questions from plan sponsors about potential liability for excessive fees. For example, recently a plan sponsor’s CFO told us their fiduciary insurance carrier included a new questionnaire with their renewal application. It was titled “Fiduciary Liability…