Free Up Employers to Give Retirement Advice
May 11, 2009
Current situation
Workers need help managing their accounts and understanding products such as lifetime income guarantees.
Retirement challenge
Employers are concerned about their liability if they offer employees access to advice or guidance.
Bob Reynolds’ Retirement Reform Agenda
Provide legal protection to employers who offer advice and guidance and to those who offer lifetime income guarantee products.
This is one of the proposed retirement savings reforms proposed by Bob Reynolds, President and CEO of Putnam Investments. For the full list, read the blogs in the Workplace Savings 3.0 category and see the document embedded below.
