2/26/2014 – All is not ‘fine’ with pension coverage (MarketWatch)
It is not clear quite why it’s happening, but op-eds, articles, and conferences are out to show that the employer-sponsored pension system is fine. I suspect that the financial services industry is worried about changes in the favorable tax provisions awarded retirement saving, and have launched a coordinated campaign to show that the private sector is doing a good job in providing retirement income and that reducing the tax subsidy would be a serious mistake.
Read the full article at MarketWatch.