US Department of Labor rescinds 2021 supplemental statement on alternative assets in 401(k) plans

Reporting cited here

1. documented

   Trump's administration went past the order itself, rescinding guidance and proposing a fiduciary safe harbor that opens both a regulatory pathway and a commercial opportunity. No transfer mechanism or realized benefit is established: that would take a final rule, plan adoption, fund flows, disclosed conflicts and participant outcomes.

   Opening paragraphs and description of rescinded guidance

   The Retirement Alternatives Test — Audit finding · Cited analysis

2. documented

   Labor rescinded its December 2021 supplemental statement that had discouraged fiduciaries from considering private-equity investments in 401(k) menus.

   Opening paragraphs and description of rescinded guidance

   The Retirement Alternatives Test — The record · The record