The Department of Labor swiftly rescinded a 2021 letter questioning private investments in 401(k) plans, but DOL officials have not yet delivered regulatory guidance required by the SECURE 2.0 Act.

Department of Labor officials said the 2021 statement had a ‘chilling effect’ for saying that plan fiduciaries were ‘not likely suited’ to evaluate private equity investments. The Department of ...

Fidelity Investments is adding alternative investments to the custom model portfolios it makes available to its registered investment advisor and broker-dealer customers. The move brings together two ...

Investing in alternative assets is a solid way to diversify wealth and reduce overall risk. But some investors are in it to get rich quick, and that can often lead to misery. Alternatives cover a wide ...