NEW YORK-Including exchange-traded funds in defined contribution platforms isn't just a good idea for plan sponsors, it's darn close to a fiduciary duty, said panelists at a recent ETF summit held here.

Citing low fees, an array of market exposures and passive structure, ETF enthusiasts discussed the challenges of getting into the 401(k) space, despite the vested interest of mutual fund companies to keep them off retirement platforms, during Financial Research Associates' "Exchange-Traded Products Summit" held here.

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