US - The Pension Protection Act 2006 (PPA) has had a positive effect on 401(k) plan participation and contributions, according to a survey of 2,200 defined contribution (DC) plans by Vanguard Investments.
Overall, the number of schemes using automatic enrolment in 2007 was triple that of 2005, with 300 plans exercising the option. This represented 15% of total employers, but over 30% of participants...
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