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GAO Report: Participants Need Information on the Risks of Investing in Employer Securities and the Benefits of Diversification
U.S. Government Accountability Office [GAO]
Oct. 7, 2002
57 pages. "This report includes a Matter for Congressional Consideration to [amend ERISA to] require employers to provide an investment education notice containing basic information on risk management and the importance of diversification.... All three [federal agencies regulating retirement plans] provided us with technical comments and we incorporated each agency's comments [into this report] as appropriate." [GAO-02-493, published Sept. 6, 2002, released Oct. 7, 2002]
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