Access here alternative investment news about Does Private Equity Warrant A Spot In Retirement Accounts?
LPNEWS

Does Private Equity Warrant A Spot In Retirement Accounts?

by wealthmanagement.com posted 1week ago 28 views
(Bloomberg Opinion) -- The Trump administration has set in motion a plan that would effectively allow 401(k) plans for American workers to invest alongside buyout firms. The Labor Department said in June that the move will bolster investment options for consumers and let them access an asset class that can provide better earnings than stocks and bonds. Consumer groups blasted the plan, claiming that high-fee private equity firms are inappropriate for unsophisticated investors because the industry locks up clients’ money for years and backs risky, debt-laden businesses.

In this article