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Chairman of Senate Special Committee on Aging Says Target Date Legislation Coming
PLANSPONSOR 
Dec. 16, 2009
Excerpt: U.S. Senator Herb Kohl (D-Wisconsin), chairman of the Senate Special Committee on Aging, today announced his intent to introduce legislation that will require target date fund managers to take on a fiduciary responsibility in order for such funds to be eligible for the designation of Qualified Default Investment Alternative (QDIA).
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