Advances in technology now enable employers to
provide a retirement savings road map for each participant by leveraging
managed accounts as the qualified default investment alternative (QDIA) with
the help of their plan adviser. Steve Anderson, president, Schwab Retirement
Plan Services, discusses the next evolution of 401(k) plans.Read more >
The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and that considering these elements can lead to better long-term risk-adjusted returns.