Creator of auto-enrollment discusses retirement's future

03/8/2013 | Reuters

Shlomo Benartzi, one of the creators of auto-enrollment for 401(k) plans, says it's too soon to celebrate the uptick in the U.S. savings rate, and that getting younger generations to save for retirement hinges, in part, on making it easy for those without access to a 401(k) to enroll in a retirement plan online. "I think we'll really have to think carefully as an industry and as a society how to really cater to the younger generations with financial products -- the products and how they are being distributed," Benartzi says in this Q-and-A.

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