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Dept. of Labor throws its 2020 self under the bus and walks back Trump-era guidance that appeared to open the door to private equity investments in 401(k) plans

A Trump administration 'information letter' affirmed that PE investments could be an 'enhanced' investment option for participants in defined contribution plans under ERISA.

Author Brooke Southall
December 23, 2021 at 3:25 AM
no description available
Ali Khawar: The department concluded it was important to release a statement cautioning fiduciaries.

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