Friday, March 31, 2006
Bill On 401(k)s Raises Worries
House leaders want to eliminate a longtime safeguard against conflicts of interest in retirement planning, creating a major sticking point in efforts to overhaul the U.S. pension system.
The proposal, championed by House Majority Leader John A. Boehner (R-Ohio), would lift a barrier to firms that run 401(k) retirement plans that keeps them from giving employees investment advice if they stand to benefit financially.
Bill On 401(k)s Raises Worries
Source: L.A. Times (login required - free)
The proposal, championed by House Majority Leader John A. Boehner (R-Ohio), would lift a barrier to firms that run 401(k) retirement plans that keeps them from giving employees investment advice if they stand to benefit financially.
Bill On 401(k)s Raises Worries
Source: L.A. Times (login required - free)
Permalink posted by armandn @ 11:37 AM 
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