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PLANSPONSOR BLINESs LOGO August 28th, 2020
Information & Insights for the 403(b) Community
DOL Letters Seen as Further Effort to Restrict Use of ESG in Retirement Plans
DOL Letters Seen as Further Effort to Restrict Use of ESG in Retirement Plans
Before it published a proposed rule, the DOL sent letters to plan sponsors about ESG investment practices. Sources share thoughts about what the effort means.
Workers Continue to Take Withdrawals From Retirement Accounts
An American Consumer Credit Counseling (ACCC) report found 23% of employees are also increasingly unconfident in the economy.
Ask the Experts
Email rebecca.moore@issgovernance.com
with subject line “Ask the Experts.”
The Future for ESG Investing in Retirement Plans
The DOL says ESG integration cannot propel financial advancement. Experts say the department is wrong; plan sponsors just need education on implementation.
DOL to Hold Hearing on Investment Advice Proposed Rule
The DOL said it received several requests for a hearing during the comment period and commenters expressed interest in its proposed ERISA prohibited transaction exemption.
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