Can I read ICMA Support for Default Investment Changes on EtoBox?

ICMA Support for Default Investment Changes is a document available to read on EtoBox.

What is ICMA Support for Default Investment Changes about?

The document is a letter from ICMA-RC to the U.S. Department of Labor supporting proposed DOL rules implementing new default investment provisions, but requesting one addition - the inclusion of a stable value fund as one of the default choices. Stable value funds offer intermediate-term bond-like returns with lower risk than stock or bond funds, and provide consistent performance in varying interest rate environments. Their low correlation to other asset classes reduces portfolio volatility. They also allo

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