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How America's Largest Pension Consultants Became the Distribution Arm for Private Equity
The Commonsense 401(k) Project 
[Opinion] Dec. 12, 2025 "In 2025, the consulting industry has quietly transformed into the single most important distribution channel for private equity. This shift cuts across every ownership model ... [T]he economic incentives all point in the same direction: Push pensions and retirement plans into higher-fee private equity and private credit -- regardless of long-term risk to beneficiaries." MORE >> |
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