Senator Elizabeth Warren is doubling down on her scrutiny of Empower’s recent move to offer private equity investments as an option within workplace retirement plans, raising questions about the ...

More American retirement savers soon will be able to put private-market investments in their nest eggs. Empower, one of the nation’s largest retirement-services providers, says it will make private ...

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today expressed strong support for a new executive order directing the Department of Labor (DOL) to reevaluate guidance around alternative asset ...

Massachusetts Sen. Elizabeth Warren is demanding answers from Empower Retirement CEO Edmund Murphy III over the firm’s decision to allow 19 million retirement plan participants to invest in private ...

Empower is pushing back against concerns from Senator Elizabeth Warren over its plan to include private equity, credit, and real estate investments in 401(k) portfolios, arguing the shift reflects ...

An Empower spokesperson said the company is currently not commenting on the possibility of a response to Warren’s second letter, while awaiting an expected executive order regarding private ...

Sen. Elizabeth Warren (D-Mass.) has challenged the decision of Empower, a major retirement plan provider, to offer private equity as an investment option in workplace retirement plans. Empower, which ...

A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have ...

More retirement savers are about to see private markets investments in their portfolios. The 401(k) giant Empower will start allowing private credit, equity and real estate in some of the accounts it ...