Monday morning musings for workplace watchers.
Virtual Cash, Real Issues | Pocan, Khanna on Tech Unions
Austin R. Ramsey: US retirement plan sponsors are finding themselves caught in the middle of a bitter showdown between Fidelity Investments Inc. and the US Labor Department over the role of cryptocurrency investments in 401(k) plans.
Employers who offer workplace retirement options are feeling pressure from participants and beneficiaries to offer digital assets, especially now that Fidelity—one of the nation’s biggest plan servicers—is launching a crypto-friendly product. Washington’s top employee benefits regulator, meanwhile, says plans that opt in could face costly federal investigations. ...