On The Hot Seat
Retirement ‘daunting challenge’ for US labor official
Q&A with Phyllis C. Borzi, assistant secretary of labor and the nation’s chief 401(k) retirement plan regulator. Borzi was recently in Boston to speak at a conference on women saving for retirement. She spoke later with the Globe’s Beth Healy about the Obama administration’s efforts to encourage greater savings by workers and the launch new rules to require more options and cost transparency in workplace plans.