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DOL Urges 7th Circuit to Vacate Dismissal of Northwestern ERISA Case
Due to a SCOTUS opinion and because DOL felt a plausible claim for relief under ERISA had been articulated, the 7th Circuit was asked to reinstate the ERISA case. This would allow the plan participants another chance to move their claims of breach of fiduciary duty forward in federal district court.
The diversified, automatically rebalancing portfolio of Target Date funds remain popular for younger participants as well as those approaching retirement.
