Fidelity Investments to reduce fees on college savings plans

FIDELITY INVESTMENTS has lowered fees on 15 of its 22 college savings plans. / PBN FILE PHOTO/ JB REED
FIDELITY INVESTMENTS has lowered fees on 15 of its 22 college savings plans. / PBN FILE PHOTO/ JB REED
BOSTON – Fidelity Investments cut fees for the majority of its college savings plans as it launched portfolios that combine active and passive money management. The lower fees on 15 of 22 plans will save investors more than $4 million a year, Fidelity said Tuesday in a statement. The Boston-based company, which manages $25 billion…

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