401(k) Automatic enrollment: applied economics that works

Here is a case of a behavioral finance affecting an overall improvement of the American retirement situation.
The Pension Protection Act of 2006 has aggressively promoted the  automatic enrollment of employees in 401(k) plans. In doing so they have sought to apply a few basic insights from behavioral finance. Data continues to point to successes.
Auto 401(k) [...]

The 3 reasons for the current surge in ETFs

Data coming in from several sources confirms it. There is a great deal of switching from mutual funds to ETFs in the portfolio management industry. And it’s happening right now.
Here is an analysis of the thinking behind the move that boils down to 3 points: actively traded mutual funds cost too much, under-perform, and [...]