In a new opinion article published by Bloomberg, Professors Sean Anderson and Robert Lawless explain why they believe the Trump administration’s decision to allow workers to invest retirement savings in cryptocurrency and private equity is a bad decision for the workers. “There is no reason to expect that inviting plans to offer these alternative investments will lead to better outcomes overall for participants—especially considering the higher fees and expenses that typically come with them,” they write. “But there is ample reason to think these investment options will make things worse by increasing the risk of large losses for participants, most of whom can ill afford them.”
