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Instead the group, chaired by Jacques Delors, then president of the European Commission, the EU's executive branch, gave it qualified approval.
ECONOMIST: Holding together
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What's more, workers can invest in collective trusts only in ERISA-qualified plans, according to Ms. Nordquist. (ERISA stands for Employee Retirement Income Security Act.) That means CITs aren't available to retail individual retirement accounts, 403(b)s, government-sponsored 457(f) plans or any executive deferred-compensation non-qualified plan.
WSJ: Why 'Collective Trusts' Are Worth Considering
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As men still make up 92% of the highest paid positions within major corporations, we encourage companies to also look to non-traditional arenas where qualified female candidates are more likely to be found such as executive positions beyond the C-suite, as well as in government, academia, and non-profit organizations.
FORBES: Are There Really Boards With No Women?