In a Financial Times Ignites article, ERISA and benefits partner Josh Lichtenstein, who heads the firm’s ERISA fiduciary practice, discussed President Trump’s executive order calling on the U.S. Department of Labor, Department of Treasury and Securities and Exchange Commission to issue guidance on how to allow private assets for 401(k) investors.
Josh explained that ERISA plan sponsors need to exercise appropriate caution but the executive order provides support and comfort in connection with offering alternative assets to 401(k) investors.
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