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Week ending November 1st, 2019 |
Happy Friday, readers! Retirement plan industry experts agree DC plans are well positioned to significantly add to Americans’ financial security by adopting retirement income solutions that are currently available in the market. So why aren’t in-plan guaranteed income solutions widely embraced? As explored in the articles below, a big part of the problem is fiduciary concern, but there are other hurdles having to do with excessive jargon and a lack of deep understanding among plan sponsors about exactly what the relevant regulations require.
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