The bottom line is, we're all going to have to work longer. |
The research shows that the automatic enrollment tends to attract 80, 90, 95 percent participation rates, And people stay in - because of inertia, because they know it's good for them, and because they really don't have to think about saving. It's been made easy for them. |
To its credit, GM is trying to remake itself and make good on the promises it made in the past. Companies are not required to make open-ended promises into the future. |
When it comes to managing their portfolio on an ongoing basis, participants were otherwise occupied. |