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Should You Provide 401(k) Investment Advice?
Business & Legal Reports 
Sept. 19, 2007 Excerpt: With the enactment of the Pension Protection Act of 2006 (PPA), plan sponsors were given a freedom they didn't have before. The legislation ... enables plan sponsors to offer investment advice to employees without exposing themselves to liability for the outcome of that advice. However, in order to avoid fiduciary liability, plan sponsors still must follow rules and regulations regarding the selection of a provider/advisor. MORE >> |
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