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401(k)s: They’re Not (Necessarily) Just for Employees Any More
A growing number of 401(k) plan sponsors, retirees, record keepers and regulators want retirees to stay in their plans well into, or even straight through, retirement, PIMCO has found.
Industry Views are special reports that are sponsored and independent from RIJ's editorial content.
April 21, 2010, Featured Articles, Guest Column
Off-Track Bettors
"It should be noncontroversial that we can’t afford any more innovation on Wall Street," says the author of several books on the financial system.
A year and a half after the collapse of the financial markets—and only days after the SEC charged Goldman Sachs with fraud—the debate about necessary “reforms” is still in its early stages, and none of the debaters seriously claims that his or her solution will in fact prevent a new crisis.
The problem is that the proposed remedies deal with superficial matters of industrial organization and regulatory procedure, while the real problems lie on a more profound level.
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