UpFront
ESG Is Permissible but Not Required
The DOL's final rule lets plans use environmental, social and governance investments in their qualified default investment alternative, choose such investments to suit participants’ preferences, and take other such ESG-friendly steps.
Reported by Paul Mulholland
Art by Irene Servillo
To access this premium content, please sign up for a free account!
You Might Also Like:
Federal Judge Dismisses ERISA Excessive Fee Complaint Against Bayada
A North Carolina court dismissed all claims, holding the workers lacked standing and failed to show real financial harm.
Bloomberg Sued Over 401(k) Plan Funds That Allegedly Lagged Market
The complaint alleges the company breached fiduciary duties by retaining underperforming investment options that cost employees millions in retirement savings.
DOL Files Third Amicus Brief in 401(k) Forfeiture Complaint
The department continues to voice its support for employers in appellate cases on the topic.
