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Few Employers Ready to Make Managed Accounts Automatic
Workforce Management; free registration requiredLink to more items from this source
Aug. 24, 2005
Excerpt: A growing number of employers with 401(k) plans, such as J.C. Penney and Motorola, have begun offering managed account programs to accommodate employees' desire to have someone else choose and manage their investments for them. However, only a handful have done what BHP did by making managed accounts the default investment for automatic enrollment.

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