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ICI Comments: Department of Labor Regulation on Qualified Default Investment Alternatives (PDF)
Investment Company Institute [ICI]
June 11, 2007 Excerpt: The range of options outlined in the Department's safe harbor proposal will achieve the goals of automatic enrollment. Including stable value funds would be inconsistent with the purpose of measures enacted in the Pension Protection Act of 2006 (PPA) to facilitate automatic enrollment and enhance the utility of 401(k) plans. MORE >> |
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