The ________ Enables Employees to Obtain More Investment Advice for Their

question 18

Multiple Choice

The ________ enables employees to obtain more investment advice for their employers by removing the fiduciary liability based on the perceived conflict of interest of self-interested investment advice provided by the employer.

• A) Employee Retirement Income Security Act (ERISA) of 1974
• B) Pension Benefit Guaranty Corporation (PBGC) established in 1974
• C) Social Security Benefit Act of 1935
• D) Pension Protection Act of 2006 (PPA)

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Definitions:

Rules and Regulations

Established guidelines and directives designed to control or govern behavior and processes.

Preoccupied

Engrossed in thought or absorbed by a specific issue or situation, leaving little attention for anything else.

Informal Social Relations

Interactions that occur outside of official or structured settings, often based on personal connections or social networks.

Rosabeth Moss Kanter

An influential American professor of business at Harvard Business School, known for her research on business management practices, organizational behavior, and gender issues in the workplace.