"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 >>