• some_guy@lemmy.sdf.org
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    3 months ago

    While Fink correctly identified a key problem, his proposed solution wasn’t to bring back pension plans. It was a new BlackRock product that helps people better manage their retirement spending. In other words, it’s a way for BlackRock to likely make more money.

    • DickFiasco@lemm.ee
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      3 months ago

      it was a new BlackRock product

      I laughed out loud when I read that.

      “You know what I really need to help pay for groceries this month? A new BlackRock product!”