Senator Elizabeth Warren, D-Massachusetts, requested answers from Empower Retirement LLC about plans the company announced to offer private equity investments to participants in its 401(k) plans.

Blackstone (BX) is teaming up with retirement services provider Empower to bring private-market investments into the retirement accounts of everyday investors, according to a statement on Wednesday.

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 ...

The retirement plan provider has been forming partnerships with alternative asset managers and custodians since launching its private markets program last May.

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 ...

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 ...

Empower recently made headlines by announcing a bold new initiative: giving defined contribution (DC) retirement plan participants access to private market investments. On the surface, it sounds like ...

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 ...

Retirement plan provider Empower is responding to U.S. Sen. Elizabeth Warren’s (D-Mass.) concerns about their move to expand access to the private markets for retirement plans, arguing that limiting ...

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today is unveiling new plans to launch a digital solution that will remove access barriers and give more small employers the ability to establish ...

Empower today expressed strong support for a new executive order directing the Department of Labor (DOL) to reevaluate guidance around alternative asset investments in retirement plans and work with ...

Here's hoping your savings exceed these average balances -- because they're troubling.