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Trade groups facing off over stable-value funds

WASHINGTON — The Investment Company Institute last week fought back against the life insurance industry’s attempt to get stable-value funds included as 401(k) default investment options.

WASHINGTON — The Investment Company Institute last week fought back against the life insurance industry’s attempt to get stable-value funds included as 401(k) default investment options.
In a letter to Susan Dudley, administrator of the Office of Management and Budget’s office of

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