The US Department of Labor has proposed new rules that would make it easier for 401(k) plans to include alternative assets such as private credit, private equity, real estate, and cryptocurrencies, according to a report by Bloomberg.
The move, part of the Trump administration’s regulatory agenda, is aimed at reducing the risk of class-action lawsuits that have historically discouraged plan sponsors from offering alternatives. If finalised, the rule could open the $14tn defined contribution marke...
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