A hot topic of conversation of late has been crypto currency – and just as it seemed to be making some inroads on some 401(k) platforms, the Labor Department jumped in with something called a Compliance Assistance Release that should certainly give pause to plan fiduciaries. That follows a bit of a clarification on a stance it issued on the appropriateness of private equity in defined contribution plans in 2020 which, in turn follows a new proposal on ESG, and some commentary on self-directed brokerage accounts (SDBAs).
All that means that there is the potential for a bit of “flux” with regard to some non-traditional DC plan investments. In this episode Nevin & Fred bat around the issues, the alternatives, and the potential consequences for plan fiduciaries!
DOL Issues Big Caution on Crypto https://www.napa-net.org/news-info/daily-news/dol-issues-big-caution-crypto
DOL Gives Green Light to Private Equity in TDFs https://www.napa-net.org/news-info/daily-news/dol-gives-green-light-private-equity-tdfs
DOL Clarifies Guidance on Private Equity in 401(k) Plans https://www.napa-net.org/news-info/daily-news/dol-clarifies-guidance-private-equity-401k-plans
Is There a Case for Alts in DC Plans? https://www.napa-net.org/news-info/daily-news/there-case-alts-dc-plans
