Department of Labor Content

Policymakers across Washington are focused on expanding access to private markets—particularly for retirement savers. The August 2025 Executive Order encouraging broader access to private market investments for 401(k) investors reflects a growing recognition that capital markets have evolved and that long-term investors should be able to participate more fully in that evolution.

Why This Matters for Retirement Savers If policymakers are serious about expanding private market access in defined contribution plans, open-end funds must be part of the solution. Open-end mutual...

ICI released a statement in response to the Department of Labor’s proposed rule on Fiduciary Duties in Selecting Designated Investment Alternatives.

ICI President and CEO Eric J. Pan released a statement regarding the Department of Labor’s amicus briefs in Pizarro v. The Home Depot and Johnson v. Parker-Hannifin Corporation, two significant cases pending before the US Supreme Court that address Employee Retirement Income Security Act (ERISA) disputes.

The Investment Company Institute submitted a letter to the US Department of Labor’s request for information on pooled employer plans (PEPs). Read more in the comment letter.

President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans...