12/28/2004: Using Outside Managers for 401(k)s Avoids Conflicts of Interest (The San Francisco Chronicle via The Journal Gazette)
Excerpt: "When it comes to managing their 401(k) plans, up to half of employees are couch potatoes. They don't enroll at all or they park their money in the most conservative option and forget about it. After trying, mostly in vain, to get these reluctant investors to take a more active role in their retirement plans, 401(k) providers are taking a new approach: Manage it for them."
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