EXCLUSIVE-Fidelity loses pair of 401(k) clients

Newswire

* Ford, Apple move 401(k) assets as industry fees drop * Fidelity says it adds other clients, market share up * 401(k) world brutally competitive-Fidelity's Lawson By Ross Kerber BOSTON, Jan 25 (Reuters) - Fidelity Investments has recently lost large contracts to run 401(k) retirement-savings plans for Ford Motor Co and Apple Inc , a sign of rising competition in the normally quiet sector. A Ford spokeswoman confirmed the automaker shifted the operations of at least two of its ...

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