Tag: executive order
Private equity is illiquid, has high fees, and hasn’t produced high returns for state/local plans The president just issued an executive order to encourage adding private equity and private credit — as well as other alternative investments — as options to 401(k) plans. The Department of Labor (DOL) is tasked with accomplishing this goal. Some suggest t…
Proponents need legislation to expand access. Changes to multiple employer plans (MEPs) are moving forward on two fronts – one legislative and one regulatory. While both efforts are designed to make MEPs more accessible for small employers, the proposed legislative changes far exceed the final rule recently released by the U.S. Department of Labor (DOL).&nbs…
