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Effects of the Pension Protection Act of 2006
American Society of Pension Professionals & Actuaries [ASPPA] Link to more items from this source
July 22, 2016
"[T]he aftermath of the PPA on the defined contribution side has been nothing short of extraordinary. Sure it was all voluntary -- the use of carrots like safe harbors for automatic enrollment, rather than the sticks that accompanied the DB provisions. And yet, seemingly overnight, and without a government mandate or regulatory imperative, the decades-old concept of 'negative election' (now 'rebranded' as automatic enrollment) became part of every credible retirement plan advisor's toolkit."

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