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Featured Republicans block stricter rules on retirement savings

Discussion in 'News & Current Events' started by Crabtownboy, May 25, 2016.

  1. Don

    Don Well-Known Member
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    Please allow me to quote something Ann posted in post #3:
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    They point to the experience of Great Britain, which has imposed a similar rule.

    “The result was that people with smaller savings accounts lost access to retirement advice,” said Sen. Lamar Alexander, R-Tenn. “Many firms quit providing face-to-face advice for small accounts. A quarter of all small firms were forced to close shop all together.”
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    So CTB: Doesn't Great Britain's experience count for anything in your evaluation? Or was there something hidden in this legislation that would have magically allowed us to avoid the problems they've had?
     
  2. carpro

    carpro Well-Known Member
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    The answer is no. It has to come from a leftist source and/or have a leftist slant. That is all.

    We've seen it time and time again.
     
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