The standard for what constitutes a prudent fiduciary process for private assets in defined contribution plans remains to be defined.
Jerue succeeds Sean McCaffrey, who retired in February after more than 10 years at the agency.
How the recent executive order on private assets in defined contribution plans could pave the way for investment committee excellence.
The workplace master trust’s investment team has nearly doubled in a little more than a year.
The study also suggested that workers should be required to join 401(k)s and other retirement programs.
The UK pension program lauds its new investment firm’s ‘flexibility’ and ‘sophistication.’