Ohio keeps Putnam, takes steps to diversify

The Ohio Tuition Trust Authority has posted information on its 529 web site concerning actions taken in the wake of allegations against program manager Putnam Investments. The program will retain Putnam as manager, but intends to add new non-Putnam investment options. The notice also describes procedures concerning the payment of restitution by Putnam. The notice can be found at www.collegeadvantage.com.
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