The risk of litigation and liquidity concerns mean America's 401(k) funds won't venture into private markets for five to 10 years, said T. Rowe Price's Michael Davis, speaking at FIS Oxford. But he said legislation has played a powerful role in shaping the US retirement industry.
Numerous regulatory and legislative activity is affecting 401(k) plans in the US. Fee disclosure, target date fund disclosure and a rule on the provision of investment advice are areas with consequences for plan sponsors and participants.
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FIS Oxford 2025