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401(k) Rollover Study Triggers Call for Action to Protect Plan Participants
Pensions & Investments
Apr. 15, 2013 "One of the biggest steps is updating a 37-year-old fiduciary standard that was developed in a very different marketplace, said Phyllis C. Borzi, assistant secretary of labor for [EBSA]. 'We believe our work regarding the definition of fiduciary is key to addressing conflicted investment advice and related problems your report identifies,' Ms. Borzi said in a letter to the GAO." MORE >> |
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