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TDF investors allege State Farm charged excessive fees

State Farm Investment Management Corp. is being sued over alleged excessive fees it charges on five of its proprietary target date funds.

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State Farm Investment Management Corp. is being sued over alleged excessive fees it charges on five of its proprietary target date funds. 

Nick Thornton

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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