The Investment Company Institute yesterday urged Congress to act quickly in implementing investment advice legislation and a number of other retirement security provisions of the Pension Security Act of 2003, which the House is scheduled to consider today.

"Congress has a unique opportunity to combine objective investment advice with rigorous legal protection to benefit millions of 401(k) plan investors," said ICI President Matthew Fink of the legislation introduced by Senator John Boehner (R-Oh), chairman of the House Education and Workforce Committee.

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