Fink wants a law to force Employers to provide 401Ks Betcha Blackrock would make a few bucks on thar Federal Mandate.
True current story: I work for a well known US firm. Blackrock eventually won a bid from us to take over our retirement plans as we grew and offered a couple of plans to our employees. During the Biden admin, these Blackrock plans performed negative 30-40 percent as they invested our retirement in ESG. It was so bad employees of the firm filed multiple lawsuits and we had to take corrective actions.
Yeah Larry, retiring at 65 is a real pipe dream, it’s as laughable as that ESG garbage you push into the boardrooms across the globe.
Sorry, but I want some years of mobility to be a part of retirement.
These people wish to work us with their hands in our pockets for all of eternity.