Loren D. Stark Company
Randall & Hurley, Inc.
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|How to Choose: 401 (k) Advice or Education?|
Workforce.com; free registration required
Oct. 29, 2002
Excerpt: Although the vast majority of employers with 401(k) plans offer investment education, only about one in five offers investment advice, according to a recent Profit Sharing/401(k) Council of America survey. Almost all of those that do not offer advice cite fiduciary concern about liability that results in losses as the reason.
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