Employee sues Jackson National Life over ‘high-cost’ 401(k) options

A participant in the Jackson National Life Insurance Co.’s 401(k) plan has sued the company, alleging plan executives violated ERISA by emphasizing proprietary Jackson investment products over “virtually identical” less expensive options from unaffiliated providers.

READ MORE: http://www.pionline.com/article/20170403/ONLINE/170409984/employee-sues-jackson-national-life-over-high-cost-401k-options

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