Schwab Retirement Plan Services Inc., finally pulled the trigger on its plan for a 401(k) platform based solely on exchange-traded funds.

Exchange-traded funds are an easy way for investors to jump into alternative investments.

When the company made the announcement last week, many people in the industry said they would believe it when they see it. Schwab announced more than two years ago that it would develop an ETF-based 401(k) platform but has never rolled one out.

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