VIEWS: 5 PAGES: 1 CATEGORY: Business & Economics POSTED ON: 6/13/2010
Stable-value funds have long been thought to be the safest of financial investments. But now a number of 401(k) plan sponsors are discussing whether they should communicate more with participants about how these funds operate. Robert Liberto, SVP of Segal Advisors, advises employers to be prepared to answer many questions if they send out communications regarding their stable-value funds. The main complication of these funds is that unlike other investments, they have a market and a book value. More than anything, employers just need to make sure they are keeping up with their fiduciary reviews of the stable-value funds in their plans, says Ruth Falck, a senior consultant with Watson Wyatt Worldwide.
SECURITY OF STABLE-VALUE FUNDS CONCERNS PLAN SPONSORS Jessica Marquez Workforce Management; May 18, 2009; 88, 6; Docstoc pg. 4 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
Pages to are hidden for
"SECURITY OF STABLE-VALUE FUNDS CONCERNS PLAN SPONSORS"Please download to view full document