📈Expanding Access to Alternative Assets in 401(k) Plans
Democratizing Access to Alternative Assets for 401(k) Investors
Summary
Executive Order 14330 seeks to democratize access to alternative assets for 401(k) investors, enhancing investment opportunities and diversification strategies. It mandates a review of existing regulations affecting fiduciaries' ability to offer these assets, aiming to improve risk-adjusted returns for Americans' retirement savings. The order emphasizes the importance of reducing regulatory barriers and legal challenges for fiduciaries managing retirement accounts.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The Executive Order focuses on expanding access to alternative assets in 401(k) plans, impacting fiduciaries and investment strategies for diverse asset allocations, which could result in enhanced returns for plan participants and new business opportunities in asset management.