Washington Perspective, November 2005

November 2005

Defined Contribution Dependent on Defined Benefit Reform

If any changes to defined contribution legislation will be made before the 2006 elections, they will be riding on the tail of reform of the defined benefit system. [read more]

401(k)’s Returning to the Public Sector?

It appears very likely that if a Senate pension bill is approved, it will include a provision allowing public sector employers to once again adopt 401(k) plans. 401(k)’s Returning to the Public Sector?

Financial Advice

Both Democrats and Republicans appear to agree about the importance of providing incentives and protections for employers who offer their employees financial advice from a “qualified investment advisor.” [read more]

Automatic Enrollment

While not a new idea, the concept of automatic enrollment of new hires into an employer’s retirement plan has gained considerably more attention in recent months. [read more]