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Financial Advisers Suggesting More Moves than Ever, So Why Are 401(k) Plans Doing the Opposite?
Dow Jones & Company, Inc.
Oct. 9, 2011
These calls to stay calm may fly in the face of the advice employees are getting from their personal advisers. Last month, roughly three out of four advisers said they believe a tactical approach trading and tweaking with market movements -- can outperform a passive, 'set it and forget it' strategy over the long term, according to a survey of 500 financial advisers surveyed by Jefferson National, a company that provides investments and services to financial advisers.
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