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DOL Rescinds 2021 Supplemental Statement on Alternative Assets in 401(k) Plans
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
[Official Guidance] Aug. 13, 2025 "The decision to rescind the previous supplemental statement follows [EO 14330] ... which directs the [DOL] to reexamine its guidance regarding fiduciary decisions, ensuring asset allocation funds that include alternative asset investments are available to plan participants. The 2021 supplemental statement marked a departure from previous department norms, which dictate a neutral, principled-based approach to fiduciary investment decisions, consistent with the requirements of [ERISA]." MORE >> |
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