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Text of CIEBA Comments on DOL's Proposed Regulation on Default Investment Alternatives (PDF)
Association for Financial Professionals [AFP] Link to more items from this source
[Opinion]
Nov. 16, 2006
4 pages. Excerpt: CIEBA generally agrees with the proposed rules that a 'qualified default investment alternative' (QDIA) should be diversified and managed to reflect the level of risk appropriate to the participant's demographic characteristics. Such a blend of asset classes, including both capital appreciation and capital preservation vehicles, are most likely to increase retirement savings for 'defaulted' participants.

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