Government Says Private Equity Investments Are Permissible Under ERISA

(June 8, 2020, 12:50 PM EDT) -- WASHINGTON, D.C. — In an information letter published June 3, the U.S. Department Of Labor (DOL) said there is no bar under Employee Retirement Income Security Act to providing private equity investments as a designated investment alternative for individual defined contribution benefit plans covered by the statute....

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