Jerry Schlichter Quoted in Bloomberg Article Regarding the Risks of Offshoring Retirement Plans

Schlichter Bogard Partner Jerry Schlichter was quoted in an in-depth Bloomberg article concerning asset managers’ attempts to move liabilities, including employee 401(k) and pension plans, to offshore affiliates.

Among other thing, the article relays Jerry’s insight that “protections for retirees are watered down if their pensions are turned into annuities . . . [and] liabilities [are] shifted to offshore entities.”

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