RIADeFiPublished by Ketju Research
Regulation · Proposal · not in effect

DOL proposes an ERISA prudence safe harbor for plan options with alternative assets

Regulation · · Ketju Research

Labor Department · Employee Benefits Security Administration

This entry records a proposal. It does not change the law unless it is adopted.

What changed

DOL proposed clarifying ERISA prudence duties and a safe harbor for selecting designated investment alternatives, including asset-allocation funds containing alternative assets, in response to Executive Order 14330.

Who it affects

  • ERISA plan fiduciaries, retirement-plan advisers, asset managers, and participants

What is still open

  • Whether the safe harbor will be adopted and what conditions will survive

What it means for an advisor

  • Evaluate plan-investment diligence and documentation against the proposal without treating it as current law.

Sources

  1. Fiduciary Duties in Selecting Designated Investment Alternatives · Labor Department; Employee Benefits Security Administration ·

Version 1, published . Educational analysis, not legal advice.