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Principal To Market Personalized Advice Option

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NU Online News Service, May 25, 2004, 1:58 p.m. EDT – Ibbotson Associates, Chicago, will be helping Principal Financial Group Inc., Des Moines, Iowa, offer professional money management services to members of Principal retirement plans.[@@]

The program will provide personalized investment advice through the Web or over the telephone along with a quarterly account review and quarterly account rebalancing.

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Participants will have to pay an asset-based fee for the advice, but the program will be free for plan sponsors, Principal says.