The U.S. government has long sought to help Americans improve their financial futures by encouraging them to invest. While the government has deployed the tools at its disposal to encourage millions to save and invest, these tools aren’t well-designed to help millions more Americans. To make further progress, we need a new model for how government and the private sector can work together to encourage ordinary people to invest wisely.
In this paper, you will learn about:
What the government has tried, and what is still needed, to help Americans prepare for their financial future
How refreshed policy and financial services regulation could spur investing
Ways to move beyond tax incentives and how to rethink disclosures
Options for aligning the confusing and fragmented standards of conduct for advisors