(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).
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.
