The Securities Industry Financial Market Association, the trade association that represents the interests of the brokerage industry, is a free-market proponent when it comes to expanding access to workplace retirement plans.

And it isn’t.

When the Treasury Department recently launched its myRA retirement savings program, which hopes to expand access to the more than 50 million Americans without access to a workplace retirement savings plan, SIFMA was quick to lend its support.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.