Durham, N.C./Florham Park, N.J. (Jan. 22, 2004) -- A recent survey of chief financial officers from a variety of public and private companies found that 47 percent of their 401(k) plans have been tainted by the recent mutual fund scandal.
The survey found that the avalanche of allegations charging abusive behavior in the $7 trillion mutual fund industry over the past few months has been enough to shake investor's faith and cause companies to make significant changes to their 401(k) plans.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access