As Consumer Confidence Slides, Fund Firms Re-Emphasize Retirement Preparedness

April 14, 2008

Consumer confidence in the economy, including stocks, bonds, mortgages, credit cards and structured products, is dropping, but experts say consumers need to stay invested in a fully diversified portfolio of mutual funds for their own good and for the good of the economy. Money managers should be doing more to educate investors by providing them with easy-to-use tools and emphasizing how important these products are to saving for retirement.

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