Cumberland Advisors Market Commentary – Beware of Private Equity in Retirement Plans – 3(38) Fiduciary Advisors Are Needed Instead
Sign up for our Market CommentaryAuthor: Michael McNiven, Ph.D., Post Date: September 30, 2020

Over the summer, the private equity industry received a very favorable ruling from the Department of Labor, allowing 401(k) plans to invest in private equity funds. Of course, the private equity industry and their lobbyists have long desired the opportunity to access 401(k) assets, and they are ecstatic. This opportunity opens up several trillion dollars […]