hand drawing diagrams on chalkboard (Photo: Shutterstock)

The DOL has published its final rule related to the consideration and use of ESG factors within retirement plans, highlighting that they may have a material effect on financial risks and returns. Also included is a new provision clarifying the permissibility for participant preferences to be considered when constructing a menu of prudent investment options (Schroders' retirement survey indicates that 87% of participants do indeed want investments aligned with their values).

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.