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You are the plan administrator of a DBP and the investment committee for the plan has generally followed a conservative investment strategy. This has resulted
You are the plan administrator of a DBP and the investment committee for the plan has generally followed a conservative investment strategy. This has resulted in a slight underfunding of the plan and your CEO has requested that you urge the committee to adopt a more aggressive investment strategy that will, at least for a while, mitigate the funding shortfall. What are the legal issues here and what action should you take with respect to the CEO's request?
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