Nearly 20 groups and individuals have formally asked the US Department of Labor for more time to respond to its proposal on 401(k) plan alternatives.
The request reflects widespread concern among stakeholders about the implications and complexity of including alternative investments in retirement plans.
The Labor Department’s proposal has drawn significant attention, with industry participants seeking additional time to evaluate potential impacts on retirement security and plan administration.
What practical hurdles stop alternative assets from entering most 401(k) plans?
Are private equity investments in 401(k)s a path to wealth or a risky gamble for savers?
As the retiree-to-worker ratio grows, can public pensions survive without higher-risk investments?
Will the DOL's new 'safe harbor' rule truly shield employers from 401(k) lawsuits?
Why would a major pension fund renew a manager who consistently underperforms their benchmark?
As LACERS seeks a new CIO, will its investment strategy shift further into alternative assets?