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Executive Order to Facilitate Availability of Alternative Assets in Defined Contribution Plans: What Does It Mean?
Goodwin Procter
[Guidance Overview] Aug. 11, 2025 "The DOL could [1] issue a new Information Letter similar to the 2020 version or simply rescind the 2021 Supplemental Statement.... [2] issue a formal advisory opinion containing the current Administration's view.... [3] issue a class exemption providing legal relief from ERISA's prohibited transaction rules, including permitting DC plan fiduciaries to include proprietary products in their plans.... [4] programmatically file amicus briefs consistent with the Executive Order.... A more ambitious approach would involve promulgating a safe harbor through a new regulation." MORE >> |
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