After receiving significant adverse comments, the Department of Labor’s Employee Benefits Security Administration (EBSA) announced that it will not remove the safe harbor guidance concerning the ...

While they noted growing participant interest in private market investments in July, Monday’s news focused on advisors, finding that 68% already utilize private market investments.

The state government has continued refining it state-run program in the intervening decade since first adopting it in 2015, and the latest action expands the options it makes available.