A hot topic of conversation of late has been cryptocurrency—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!
Episode Resources
