New York Life found that despite low interest rates, 50 percent of retirement-plan participants use stable value products, which are classified as principal preservation investment solutions.
“Since the financial crisis of 2008, on average more than 20 percent of retirement assets have been invested in stable value investments and half of all participants across New York Life's retirement platform have some 401(k) savings within a stable value investment today,” said Steven Dorval, managing director of retirement and investment strategy at New York Life Retirement Plan Services in Boston.
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