Sen. Ben Cardin, D-Md., told retirement officials Wednesday that he and his colleague across the aisle, Sen. Rob Portman, R-Ohio, are prioritizing “looking at the next chapter” of pension changes, encouraging more lifetime income options, strengthening auto-enrollment, and focusing on investment advice — specifically watching how the Department of Labor and the Securities and Exchange Commission are “moving forward” with their fiduciary advice rules.

“Too many Americans make decisions by inaction,” Cardin said, “and they need investment advice.”

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