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Will plan sponsors implement private equity in 401(k) plans, now that the Department of Labor has opened the door with its recent guidance?

Not necessarily, says Faegre Drinker partner and ERISA attorney Fred Reish. “Plan fiduciaries tend to be relatively slow to take up changes,” he told BenefitsPRO. “Most plan fiduciaries aren’t ordinarily looking for the new thing. They wait and see if others are adopting it.”

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C.J. Marwitz

C.J. Marwitz is a writer and editor.

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