If you think that the retirement industry suddenly fell off the radar with the end of the first round of fiscal cliff fixes, think again – substantial reform, courtesy of the second-term Obama administration, is likely on the way.
That's the belief of Marcia Wagner, a prominent ERISA attorney serving as keynote at this year's sixth annual Profit-Driven Strategies in the DCIO Market, organized by Financial Research Associates – held this week in Wagner's base of operations, Boston.
Wagner contends that the allure of taxes deferred by America's retirement plans continues to be too strong to politicians – some $70 billion a year, and as much as $361 million over a four-year period – meaning that tangible reform efforts are certainly a possibility.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
