magnifying glass with 401k written on it in front of green field (Photo: Shutterstock)

Offering environmental, social and corporate governance (ESG) options in 401(k) plans may increase contribution rates, a new survey found.

“Offering plan participants ESG investment options would not only appeal to purpose-minded investors, but it could also help to motivate some participants to save more toward their retirement,” said Deb Boyden, head of U.S defined contribution at Schroders.

 

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