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US retirement rule opens 401(k) plans to private market assets

A proposed US Department of Labor rule would give retirement plan fiduciaries a legal safe harbour for including private equity, private credit and private real assets in 401(k) and other defined contribution plans, drawing more than 46,000 comments and fresh scrutiny of private market risk.

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A proposed US Department of Labor rule would give retirement plan fiduciaries a legal safe harbour for including private equity, private credit and private real assets in 401(k) and other defined contribution plans, drawing more than 46,000 comments and fresh scrutiny of private…

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