The Trump administration has introduced an executive order aimed at expanding the inclusion of alternative assets, such as private equity, in 401(k) retirement plans. This move has raised concerns among attorneys representing workers and retirees, who remain cautiously optimistic that efforts to limit litigation challenging these alternative investments will not prevail. Legal experts emphasize the importance of fiduciary liability coverage in light of recent rulings on ERISA pleading standards, advising policyholders to reassess their coverage needs. Additionally, industry voices highlight the broader implications of new legislation on retirement planning, particularly for lawyers. Commentary from legal professionals underscores the need for in-house counsel to balance legal judgment with business outcomes amid these evolving regulatory changes.