Wall Street's Stake in Pension Reform
Authors: David Stubbs and Teresa Ghilarducci
Date: July 2011
This study is the first to examine how major pension proposals will affect Wall Street firms. Any change to the system will greatly affect the nation's financial industry, as 21% of assets under management are retirement assets. The leading reform proposals for the U.S. employer-based pension system will change the configuration of retirement products and management arrangements.