Retirement business thought leaders reply three probing questions on essential points, offering an open, sincere and candid dialogue.
This week, we host UCLA Professor Shlomo Benartzi, writer of “Save Extra Tomorrow” asking about “the nice, the unhealthy and the ugly” of auto-features:
- “The Good” – Auto options have had a big impact on growing participation and financial savings charges in DC plans. What made you assume the DC market would profit from the appliance of behavioral finance and did the outcomes meet your expectations? What would you’ve accomplished in another way?
- “The Unhealthy” – Whereas auto-features have had a dramatic impression on the buildup of belongings, you’ve been vocal that the identical functions is probably not as efficient within the decumulation part. May you clarify why not and the way will we get DC individuals to interact, which has been an enormous problem?
- “The Ugly” – You’ve gotten some robust opinions on proposed legal guidelines that incorporate auto-features, which could possibly be very damaging to some individuals. Clarify.
Let me know who else you want to hear from and I’ll invite them to get actual.