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Supreme Court Skeptical of Challenge to Private Equity in 401(k)s
Original: Supreme Court Sounds Skeptical of Challenge to Private Equity in 401(k)s https://www.wsj.com/pro/private-equity/supreme-
The US Supreme Court heard arguments in a case challenging the inclusion of private equity investments in 401(k) retirement plans, and justices appeared skeptical of the challenge during oral arguments. The case touches on how much fiduciary protection employers receive when offering riskier alternative assets in workplace retirement accounts. A ruling could shape the future of retirement plan investment options for millions of American savers.
Why now: The outcome could open or close the door for private equity firms seeking access to the vast US retirement savings market.
US Supreme Court401(k) plansprivate equity industry
Evidence
- Supreme Court Sounds Skeptical of Challenge to Private Equity in 401(k)s https://www.wsj.com/pro/private-equity/supreme-court-sounds-skeptical-of-challenge-to-private-equity-in-401-k-s-2b7cf3a0?mod=rss_markets_main # Finance # Investing # Law · wsj_markets@robot.villas · 4
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