Banking Co. Says Proprietary Fund Argument Is Too Extreme
By Emily Brill ( June 18, 2021, 8:33 PM EDT) -- Associated Banc-Corp is fighting allegations that it flouted ERISA by letting its workers invest retirement savings in underperforming company-affiliated funds, urging a Wisconsin federal judge to reject what the company characterized as an ill-advised crusade against financial institutions placing any affiliated funds in their retirement plans....
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