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MetLife Testimony at ERISA Advisory Council on Employee Welfare and Pension Benefit Plans Hearing, 'Stable Value Funds and Retirement Security in Current Economic Conditions'
MetLife
[Opinion] July 26, 2009
Excerpt: MetLife's testimony provided an overall perspective on stable value, including its purpose, how it evolved, how it's used in practice today, how well stable value has met its objectives, key considerations in designing financially sound stable value products and how stable value differs from other investment alternatives. MetLife testified that we believe stable value funds should be included as a fourth Qualified Default Investment Alternative (QDIA) without restrictions.
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