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Executive Orders, Private Funds, and Fiduciary Standards: The 2020 DOL Information Letter
FredReish.com 
[Guidance Overview] Sept. 22, 2025 "[T]he Information Letter only discussed the inclusion of private equity in asset allocation funds in 401(k) plans. The DOL’s letter explicitly said that it was not talking about standalone private equity investments. Second, the conclusion said, in effect, that ERISA does not prohibit any investment; instead, it places the burden on fiduciaries to determine if they are prudent for retirement investing by the covered workers." MORE >> |
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