TIAA-CREF's CEO wants 'comprehensive,' 'sustainable' retirement ...
In his prepared remarks, Ferguson traced a decades-long shift in responsibility for funding retirement from employers to individuals – a shift that has resulted in workers who “now devote the bulk of their attention to their quarterly account... To address this imbalance, Ferguson outlined three elements that should be featured in a system that provides genuine financial security in retirement: sufficient funding to ensure enough savings, appropriate diversification and asset allocation,......
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