ICI, DCALTA Partner on Research, Education for Private Assets in 401(k)s
The Investment Company Institute (ICI) and the Defined Contribution Alternatives Association (DCALTA) announced today they are launching a strategic collaboration with to advance education, research, and policy engagement on the role of alternative assets within defined contribution retirement plans.
Through investor-focused research and analysis, conferences and events, and sustained engagement with policymakers and plan sponsors, ICI and DCALTA said in a release today they will work together to advance the national dialogue on the benefits associated with expanded access to private assets in retirement plans.
“American investors should have the opportunity to invest in private assets through regulated, professionally managed fund vehicles, particularly when it is consistent with their long-term financial goals, personal circumstances, and risk tolerance levels,” said ICI President and CEO Eric J. Pan.
“Grounded in data and practical implementation, this collaboration aims to enhance understanding and drive informed decision-making.”
DCALTA President Jonathan Epstein
“ICI is pleased to collaborate with DCALTA to elevate the quality of the conversations among policymakers and industry participants regarding how retirement savers can benefit from the inclusion of private assets in their portfolios,” Pan added. “DCALTA and ICI will bring together the most complete cross-section of market participants capable of authoritatively informing policymakers about the role of alternative assets in retirement plans.”
Jonathan Epstein, President of DCALTA, said ICI is uniquely positioned to bring together policymakers, plan stakeholders, and industry participants to thoughtfully examine the role of private markets in retirement plans. “DCALTA is proud to bring together the collective expertise of its members in alternative investments to foster a rigorous, investor-focused dialogue. Grounded in data and practical implementation, this collaboration aims to enhance understanding and drive informed decision-making,” Epstein said.
ICI is the leading association representing the asset management industry and the individual investors they serve, while DCALTA was created to help bridge the information gap on how to effectively incorporate non-traditional investments into defined contribution plans.
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Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.