The retirement industry would like you to believe that the Supreme Court’s decision to hear Anderson v. Intel is a narrow, technical dispute about whether “alternative investments” belong in 401(k) plans. That is industry spin. The Intel case is not about whether private equity is “good” or “bad.”It is about whether ERISA fiduciaries can hide … Continue reading The Supreme Court’s Intel Case is About Secrecy, Fake Benchmarks, and Fiduciary Illusions