Labor Department seeks to shield employers in 401(k) changes, Sonali Basak notes

Labor Department seeks to shield employers in 401(k) changes, Sonali Basak notes
U.S. eyes private equity in 401(k)s

A new U.S. proposal would make it easier for private equity investments to be included in 401(k) retirement plans.

Sonali Basak highlights that the Labor Department is considering measures to protect employers from litigation as they begin to add alternative assets to workplace-sponsored plans. The proposal is part of the President’s executive order currently taking shape.

Sonali Basak has recently reported that margin debt stands at record highs, raising concerns about near-term market risk. She also noted that the 10-year U.S. Treasury yield dropped below 3.95 percent as investors increased demand for duration. These developments come as policymakers evaluate new options for retirement plan investments.

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