Investors Seek Advice As Nest Eggs Rebound

April 19, 2010

Assets in 401(k) plans and other retirement accounts are up 18% from a year ago and have nearly erased losses from the recession as investors continue to pump money into their plans and take advantage of lower prices, according to a report from the Spectrem Group. Furthermore, investors are more than twice as likely to seek out financial advice than they were a year ago and commonly turn to mutual fund and plan provider websites for information, the report said.

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