Alicia Munnell firmly believes there’s a retirement crisis (see“Exclusive Interview with Alicia Munnell:Auto-Enrollment Without Auto-Escalation Reduces DeferralRates,” FiduciaryNews.com, February 17, 2016).
She understands employees aren’t saving enough.
She’s also frank enough to admit that one of the causes is thebehavioral finance researcher’s favorite nudge--auto-enrollment.
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