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March 17, 2014


Red Tape Blocks Services To Needy Participants

by The 401k Study Group ®

Are our regulatory and legislative stakeholders inadvertently blocking financial services to our least sophisticated American workers? Answer: Yes! The consequence of the legislation and disclosure is a reflexive reduction in pricing throughout the industry and (while optically appealing) is squeezing the incentives out of any time commitment focused on average and poorer participant financial wellness. How is that for unintended consequences?



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