Private Equity Interest In 401(k) 

With KKR hiring their first head of defined contribution, signaling the firms’ efforts to expand into the $12 trillion market, which includes 401(k)s. As more private equities firms race to tap into retirement savings, many are wondering what this means for their own plans. Author and retirement expert Anne Lester explains the implications of private firms’ interest on “Bloomberg Markets.”

(Source: Bloomberg)