Pensions
Takeaways From BlackRock CEO Fink’s Annual Letter
The longtime leader highlighted his own background as a reason to stress solutions for a looming retirement crisis.
The Colleges of Applied Arts and Technology Pension Plan also identified a widening pension gap between generations.
Representatives reintroduce the Susan Muffley Act, which stalled in the Senate last year.
The Department of Labor is concerned fiduciaries will misinterpret its earlier June 2020 letter.
A Fidelity study also finds female investors outperformed men by 40 basis points over the past decade.