Adding Private Equity News Today

Whether parents adjust their consumption after their children leave home has important implications for our understanding of retirement income adequacy.

The Department of Labor’s supplemental statement is a tonal shift rather than a substantive change that reflects the continuing courtship for defined contribution plans and private equity investments.   

Research shows that replacing target-date fund equity allocations with private equity can boost retirement income adequacy for participants who have access to a plan and invest in a target-date fund.