The wait for a highly-anticipated 401(k) platform has been extended -- indefinitely, according to IndexUniverse.

Charles Schwab [profile] told Hung Tran that the all-ETF 401(k) platform, first announced at a conference in March 2011 would be delayed indefinitely.

“At this point, we’re not committing to a particular time, whether it’ll be at the end of this year or otherwise,” Dave Gray, vice president of 401(k) client experience at Charles Schwab, told Tran in the article.

Read more in IndexUniverse. 

Edited by: Tommy Fernandez


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