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Employees Aren't Clueless; Go Slow on 401(k) Reforms
Business WeekLink to more items from this source
Apr. 26, 2002
Excerpt: House Republican leaders want to let mutual-fund companies and others that manage retirement-savings plans offer advice to plan participants.... Instead of Congress easing regulations, employers could do more to help the minority -- experts peg it at 10% to 20% of workers -- who don't seem to understand investment basics. Lawmakers could urge companies to blanket employees with educational materials ... that spell out, in plain English, the importance of diversification.

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