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Thursday, October 04, 2007|
House Committee Set To Hold Hearing on 401k Fees
Today's Wall Street Journal Fund Track column centers on a congressional hearing set for this morning on a proposed bill that calls for full disclosure of fees in 401(k) plans. The bill, filed by Rep. George Miller (D-CA). would also require more transparency about investment strategies, risks and returns, and require the inclusion of at least one balanced index fund in all 401(k) plans.
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