Private assets could support retirement savers

The conversation explores the potential for private assets to be included in 401(k) defined contribution plans. The speaker highlights the disparity between defined benefit and defined contribution plan participants, arguing that DC savers deserve access to the same alternative return premiums. While acknowledging litigation risk and the need for appropriate guardrails, the speaker supports a carefully structured expansion of alternatives within retirement plans, noting that the fastest-growing companies and infrastructure assets are largely outside public markets.