Money Stuff: The Podcast · Friday, September 18, 2026
Financial institutions, particularly BlackRock, are exploring ways to make 401(k) plans more like traditional pensions, aiming to provide professional management and long-term investment horizons while retaining portability. This shift involves incorporating private assets and potentially offering guaranteed retirement income streams.
“The thing that I've been writing about recently is that I feel like there is a financial industry push to like revive the. Pension fund reinvent the pension fund yeah.”
“BlackRock plans to make the corporate 401k look more like a pension.”
“And the way they get there is keeping helpings of private assets.”