US. CFA Institute Blasts Senate’s Move to Block Auto-Enrollment Retirement Plans
The CFA Institute says moves by politicians to end automatic enrollment of some workers in retirement savings plans are misguided.
The group shared its thoughts on Friday, a day after the Senate followed the House and passed a resolution to undo rules helping municipalities and states set up payroll deduction retirement plans that automatically enroll private-sector workers lacking access to such savings programs.
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